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Hey, listeners, it's Saturday, November 16th.

I'm Francesca Fontana for the Wall Street Journal, and this is What's News and Markets.

Our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Last week was all about the so-called Trump trade, the big winners and the overall rally we saw in the stock market after Donald Trump won a second term as president.

This week was a little more muted as investors processed potential policy changes under

the new administration.

Not to mention the latest signals on interest rates, including Fed Chair Jerome Powell saying

that recent signs of a solid economy will allow the Fed to take its time in deciding

the pace of future rate cuts.

And that had traders slashing expectations for a December rate cut.

On a weekly basis, all three major indexes ended lower.

With the Dow losing about 1%, the S&P 500 losing about 2%, and the NASDAQ losing about 3%.

Speaking of the president-elect, we got updates this week on who Trump is keeping

in his corner as he prepares for his second term. And we got to see how some of those updates played out

...