U.S. stocks suffered their worst loss since Election Day, while Asian markets showed mixed results.

Asian markets showed mixed performance on Monday, with Japan's Nikkei 225 down 1%, while South Korea's Kospi rose 2% due to Samsung Electronics' share buyback plan. Chinese markets advanced by 1.2%, but U.S. stocks fell to their worst loss since Election Day. The S&P 500 dropped 1.3%, and the Nasdaq fell 2.2%, influenced by reduced expectations for Federal Reserve interest rate cuts and concerns over Trump's economic policies potentially reigniting inflation.

November 17, 2024
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