Trump Blames Democratic Election Gains for Thursday’s Stock Selloff
Photo: TokenPost
President Donald Trump blamed Democrats’ gains in Tuesday’s midterm elections for Thursday’s U.S. stock selloff, while Bitcoin (BTC) and Ether (ETH) were also lower early Friday. The Dow Jones Industrial Average fell about 3.44% Thursday, the S&P 500 lost about 4.36%, and the Nasdaq Composite dropped about 5.52%. Trump said in a post that the election results had hurt the market and asserted that Americans’ 401(k) retirement accounts had lost value. In a later post Thursday, he again blamed Democrats’ election gains for the decline. Trump had struck a different tone Wednesday.
Source: TokenPost
