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Donald Trump's Plans Fire Up Construction Stocks

President-elect Donald Trump’s election-night focus on boosting spending on domestic infrastructure drove a rally in construction-related stocks Wednesday, despite uncertainty over the incoming administration’s specific funding plans and priorities. Infrastructure financiers said funding was less of a challenge than breaking the regulatory logjam that has bogged down big projects, such as a planned new rail tunnels under the Hudson River or new crossings of the Ohio River between Kentucky and Indiana. Mr. Trump had pledged on the campaign trail to spend $1 trillion over 10 years on a variety of infrastructure projects if elected, and analysts said this could ease the passage next year of a spending bill already being considered by Congress. [ READ MORE ]