Trump 'bump' disappears as the S&P 500 is now negative since the election
1. S&P 500 lost all post-election gains amid trade war fears. 2. Index fell to 5,732.59, below election day close of 5,782.76. 3. Sector funds like XLI and XLE declined over 3% since election. 4. Tariffs on Mexico, Canada, and China took effect, causing investor concern. 5. Financial sector remains buoyant despite overall market downturn.