donald trump may not be stealing christmas from macy<u+2019>s or driving ford motor out of mexico. as mr. trump<u+2019>s chances of winning the presidential election appeared to be waning monday, the companies he has singled out for criticism were recovering from their cameo appearances in his campaign. stocks rallied monday after the federal bureau of investigation said there was nothing to see in hillary clinton <u+2019>s emails, and continued to climb tuesday. leading the way were several of the companies mr. trump trashed during the campaign. the republican presidential candidate told his twitter followers to boycott macy<u+2019>s inc. after it stopped selling his menswear line. macy<u+2019>s shares rose 2.8% over monday and tuesday, ahead of the dow jones industrial average<u+2019>s 2.5% rise. he tweeted that amazon.com inc. was avoiding taxes and accused its chief executive, jeff bezos, of using the washington post, which mr. bezos owns, as a <u+201c>tool for political power<u+201d> against him . amazon rose 4.3% over the two days. mr. trump tore into ford motor co. for its plan to move small-car production to mexico and criticized walt disney co. for replacing information-technology workers at its florida theme park with foreign labor. both stocks<u+2019> gains were just ahead of the market<u+2019>s rise on monday. ford was among auto makers whose stocks fell tuesday on worries about sales, while disney<u+2019>s shares were roughly flat ahead of its fiscal fourth-quarter earnings report thursday. the moves were different than the typical ups and downs of stocks expected to benefit from a victory by either candidate. mr. trump changed that game by specifically singling out several companies for criticism. most recently, mr. trump said he would block at&t inc. <u+2019>s proposed deal for time warner inc. and even threatened to try to break up comcast corp. <u+2019>s 2011 acquisition of nbcuniversal. time warner shares, which have remained well below the deal offer, rose 1.7% over monday and tuesday. mr. trump<u+2019>s lowest blow may have come in a tweet last year to t-mobile us inc.: <u+201c>i think the service is terrible!<u+201d> the wireless carrier<u+2019>s shares rose 2.3% in the past two days. stocks that were expected to benefit from a trump presidency didn<u+2019>t fare as well on monday. the shares of for-profit college devry education group inc. declined 1%, although they rebounded 3.1% tuesday. write to miriam gottfried at miriam.gottfried@wsj.com
investors cast their votes for companies trashed by trump  - wsj
miriam gottfried