Trump Stock Market: Rally Falters With Investors Waiting On Specifics
November 14, 2016
The S&P 500 and the Dow Jones industrial average pared early gains and were little changed on Monday as investors looked for more clarity on President-elect Donald Trump’s policies.
The tech-heavy Nasdaq Composite was lower, adding to last week’s losses.
The Dow, which capped off its best week in five years on Friday, hit another record-high just after the start of trading.
Since Trump’s triumph last Tuesday, investors have been betting on his campaign promises to simplify regulation in the health and financial sectors and boost spending on infrastructure.