The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.

European stocks have opened lower while Asian shares were mixed after U.S. stocks slipped as the rally following Trump’s election victory cooled further

U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week's election of Donald Trump and cut to interest rates by the Federal Reserve keeps fading.