On Tuesday, American stocks fell as the main indices began to pause after a record rise following the elections. Among the notable losers on Tuesday were key components of the so-called Trump trade. Stocks of companies with smaller market capitalizations, which were considered potential winners from Trump's second presidential term, experienced broad declines, with the Russell 2000 index dropping by 1.5%.
Tesla's shares plummeted by 31%. The Nasdaq Composite closed with a negligible decline of 0.09%. The Dow Jones index fell by 382.15 points, or 0.86%, while the S&P 500 index dropped by 0.29%.
