U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates.

NEW YORK -- U.S. stocks drifted lower Monday ahead of a momentous week full of potential flashpoints in Washington, D.C., and around the world. The S & P 500 slipped 0.3%, though it remains near its record set last month. The Dow Jones Industrial Average fell 257 points, or 0.6%, while the Nasdaq composite slipped 0.3%.

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

Asian defense stocks have been on fire as global military spending rises. A second Trump presidency could keep them going.

Asian shares were trading mostly lower Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s re-election as president.

Asian shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. Japan's benchmark Nikkei 225 reversed early gains to decline 0.

Global shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. France's CAC 40 declined 0.9% in early trading to 7,