Trump trades are cooling off today ...Middle East

The sugar-high from the Trump election is wearing off in a few spots. Tesla was a darling after the election win as Elon Musk helped to finance Trump's campaign and ingratiated himself with the President. However a report today says Tesla won't be spared when Republicans cut the $7500 EV tax credit. That's caused a 9% drop in Rivian but Tesla shares are also at a session low, down nearly 4%.There is a theme around Trump trades fading. Shares of his social media company DJT are down 8% today and the chart isn't looking healthy.Weapons manufacturers are also lower today, with Lockheed Martin, Northrop Grumman and RTX are all down around 4%, despite Republican talk of rebuilding the military.Fi

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