
The stock market experienced a notable shift as Wall Street's postelection rally, driven by the 'Trump trade', began to stall. Initially, the Dow and S&P 500 saw significant gains, extending their record run to record highs. However, the momentum slowed on Tuesday, November 12, as investors grew cautious ahead of key economic data, particularly the Consumer Price Index (CPI) data. Major Wall Street indexes, including the S&P 500, ended lower for the first time since the election. The market's focus has shifted towards upcoming economic indicators, with bond yields spiking and profit-taking contributing to the dip in stock prices.
WATCH: Wall Street indexes dip as investors turned cautious ahead of upcoming economic data https://t.co/YUdCpkkx5L https://t.co/O4F69Oyko3
Wall Street indexes dip as investors turned cautious ahead of upcoming economic data https://t.co/LWImOTX7xT https://t.co/XJXmJMhQcG
CNBC Daily Open: The Trump rally stalls https://t.co/FbyhSDQ5xz


