3 publishers · first seen Wed, 04 Nov 2026 07:29 UTC · updated Fri, 06 Nov 2026 17:04 UTC
President Trump has blamed Americans who voted for Democrats in Tuesday's midterm elections for the stock market's steep plunge. The tech-heavy Nasdaq index plunged, while the S&P 500 and the Dow Jones Industrial Average also dropped. The sell-off wiped approximately $3 trillion from the market value of S&P 500 companies, with technology stocks taking some of the heaviest losses. Trump accused Democrats of damaging Americans' retirement savings and claimed that the market decline was due to the Democrats' victory in the midterm elections.
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