Published • loading... • Updated
Trump on stock market losses: ‘You only have yourselves to blame’
The S&P 500 fell 4.4% as AI-linked stocks sold off, and Trump said Democrats were to blame after their midterm wins.
- On Thursday, President Donald Trump blamed voters for a historic stock market sell-off, stating, "The Stock Market crashed today because the Dumocrats had a big Tuesday — So sad to see, you only have yourselves to blame!"
- The Nasdaq Composite sank more than 5% on Thursday, while the S&P 500 fell 4.4% and the Dow Jones Industrial Average dropped 1,833 points as investors reacted to Democratic midterm victories and AI-restriction campaigns.
- Democrats secured control of both chambers of Congress in Tuesday's midterm elections, achieving significant victories in Texas, Michigan, Iowa, and Ohio, with Democrat James Talarico defeating Republican Ken Paxton in Texas with more than 5.4 million votes.
- The election results triggered internal turmoil within the Trump administration, with insiders reportedly considering firing Defense Secretary Pete Hegseth while Secretary of State Marco Rubio remains on "resignation watch."
- Analyst Nate Silver speculated the president might "quit" following his party's midterm defeats, noting he had a "weird intuition" about a potential resignation, while South Carolina Senator-elect Annie Andrews called for "generational change" in Congress.
Insights by Ground AI
16 Articles
16 Articles
"The stock market collapsed because the Democrats had a great Tuesday. It’s very sad to see it. You can only blame yourself," wrote the U.S. leader in Truth Social
·Madrid, Spain
Read Full Article
President Donald Trump blamed the Democrats for the strong collapse of Wall Street on Thursday, after Nasdaq recorded its worst session since April 2025 and the market wiped out trillions of dollars in value for fear that the new Democratic Congress will stop the expansion of artificial intelligence data centers. Democrats have pushed for measures that seek to restrict the development of data centers and subject artificial intelligence systems t…
Coverage Details
Total News Sources16
Leaning Left6Leaning Right6Center2Last UpdatedBias Distribution43% Left, 43% Right
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
43% Right
L 43%
14%
R 43%
Factuality
To view factuality data please Upgrade to Premium
