Wall Street falls as investors ready for Trump’s inauguration

Wall Street

Wall Street Market Update

Wall Street falls as investors ready for Trumps inauguration US stocks fell on Thursday, continuing to pull back from the post-election rally, on investor caution ahead of Donald Trump’s inauguration as president on Friday.

The Dow fell for a fifth straight day, its longest losing streak since just before the November 8 US election.

Still, Trump’s swearing-in will mark one of the best performances for stocks for any presidential transition period of modern times. The S&P 500 is up 5.8 percent since the vote.

The Dow Jones Industrial Average closed down 72.32 points, or 0.37 percent, to 19,732.4, the S&P 500 lost 8.2 points, or 0.4 percent, to 2,263.69 and the Nasdaq Composite dropped 15.57 points, or 0.28 percent, to 5,540.08.
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