US stocks fall as post-election momentum begins to fade; Disney and Tapestry shares surge

US stocks fell on Thursday as investors sought to regain the postelection momentum that had previously driven major indexes to record highs. The Dow Jones Industrial Average dropped 165 points, or 0.3%. The S&P 500 declined by 0.4%, and the Nasdaq Composite retreated by 0.5%. The market downturn deepened after Federal Reserve Chairman Jerome Powell […]