After hitting record highs following Trump’s victory, the Dow and S&P 500 hit the brakes on Tuesday, a day before the release of the Consumer Price Index (CPI) and core CPI data.

U.S. stocks ended lower on Monday, as investors await the too-close-to-call presidential election on Tuesday. The Dow Jones Industrial Average went down 257.59 points or 0.6% to end at 41794.60, according to Dow Jones Market Data. The S&P 500 fell 16.11 points or 0.3% to close at 5712.69.

The post-election rally in stocks pushed all three major U.S. indexes to closing highs Wednesday. The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all finished the day with records. It was the first time since May 15 that all three indexes closed at a record on the same day,

Key Takeaways The S&P 500 added 0.1% on Monday, Nov. 11, 2024, closing above the 6,000-point milestone as investors continued to weigh the implications of the election and interest-rate cuts.AbbVie shares plunged after the pharma company's schizophrenia treatment came up short in a clinical trial,

According to FactSet, with 91% of S&P 500 companies reporting actual results through Friday, 75% have reported a positive earnings surprise and 60% have reported a positive revenu