U.S. Stocks Slide as Trump Trade Cools; Dow Drops 382 Points, S&P 500 Ends Five-Day Win Streak

U.S. stock markets experienced a slowdown following a post-election rally attributed to Donald Trump's victory. On November 12, the Dow Jones Industrial Average dropped 382 points, and the S&P 500 ended a five-day winning streak. Key stocks associated with the Trump trade, including Tesla and Trump Media, faced significant declines, with Tesla falling over 6% and Trump Media dropping nearly 9%. As investors await key economic data, including inflation reports, stock futures remained relatively unchanged. The cooling momentum in the markets reflects a broader trend as world stocks exhibited mixed results amid the waning enthusiasm from the recent rally.