Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.

Financial markets could benefit from Donald Trump’s second term, says Wharton’s Jeremy Siegel. But they could also serve as a check against certain excesses.

U.S. stocks are drifting as some momentum comes out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory.

A White House more friendly to big tie-ups has helped Wall Street speculate about a merger between insurers Cigna Group and Humana, for example. It’s been so feverish that Cigna

A rally that drove stocks to a series of all-time highs ran out of steam, with Treasury yields soaring and the dollar hitting a two-year high ahead of key inflation data.

U.S. stocks slipped on Tuesday as the post-election "Trump trade" rally that has energized Wall Street began to lose some steam. Following Donald Trump's presidential victory, investors rushed to buy into stocks they expected to benefit from his policies,

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets.