Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further.U.S. futures and oil prices were lower.In Tokyo, the Nikkei 225 index was up 0.

U.S. stocks fell to their worst loss since Election Day as the boost that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading.

There have been few better stocks to own over the past three months than Palantir ( PLTR 1.42%). The stock more than doubled in that time, far outperforming both indexes and other market leaders. This performance can be traced to several events, notably Palantir's inclusion in the S&P 500 in September and its blowout Q3 earnings.

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The stock market's "Trump bump" that followed his victory over Vice President Kamala Harris in last week's election appears to be coming to an end. On Friday, the market dropped to its lowest point since the election,

Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.

On Wall Street , Super Micro Computer tumbled 11.4 % for one of the worst losses in the S&P 500 after telling U.S. regulators it needs more time to file its financial statements for the latest quarter,

Canada's main stock index was down more than 100 points in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets also fell.