Stocks were lower Tuesday afternoon as the market took a breather after a weeklong, election-fueled rally that has pushed major indexes to a series of record highs.

Still, the market indicates a 37.9% chance that the Federal Reserve will keep interest rates steady next month. Trump's policies are expected to have a potentially inflationary impact, and the market is debating whether interest rates will remain higher for longer as the Fed is again forced to confront rising prices.