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Alcohol Stocks Jump as Blue Wave Lifts Tariff, Immigration Hopes

Bloomberg Markets Wednesday 04 November 2026, 17:19 UTC By Redd Brown 1 min read
Key Points

Alcohol Stocks Jump as Blue Wave Lifts Tariff, Immigration Hopes Investors are betting alcohol companies are among the winners of last night’s midterm election landslide on views a new Congress will push back on the Trump administration’s immigration and trade policies that dented booze businesses. Constellation Brands Inc., which sells Modelo and Corona beer brands in the US, rose as much as 7.4% Wednesday, the most since April. Other alcohol stocks including Boston Beer Co., Brown-Forman...

Alcohol Stocks Jump as Blue Wave Lifts Tariff, Immigration Hopes Investors are betting alcohol companies are among the winners of last night’s midterm election landslide on views a new Congress will push back on the Trump administration’s immigration and trade policies that dented booze businesses. Constellation Brands Inc., which sells Modelo and Corona beer brands in the US, rose as much as 7.4% Wednesday, the most since April. Other alcohol stocks including Boston Beer Co., Brown-Forman Corp. and Molson Coors Beverage Co. also jumped.
Blue Wave Lifts Tariff (ORG) Congress (ORG) Trump (ORG) Constellation Brands Inc. (ORG) Modelo (ORG) Corona (ORG) US (LOCATION) Boston Beer Co. (ORG) Brown-Forman Corp. (ORG) Molson Coors Beverage Co. (ORG)
Originally published by Bloomberg Markets Read original →

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