U.S. shares mostly fell today despite Wall Street’s recent rally, the Associated Press reports. Both the Dow Jones Industrial Average futures and futures for the S&P 500 fell less than 0.1%.
Several pieces of what’s known as the “Trump trade” have helped drive the market, as investors try to identify which companies will be winners under a second Trump term. Stocks of companies more focused on the U.S. economy have also been rising because they’re seen as benefiting more from Trump’s “America First” policies than big multinational companies.
In energy trading, benchmark U.S. crude rose 17 cents to $68.21 per barrel. Brent crude, the international standard, gained 20 cents to $72.03 per barrel.
In currency trading, the U.S. dollar edged up to 153.91 Japanese yen from 153.72 yen.
