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

The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6%, while the Nasdaq composite added 0.1%.