Thursday’s tough day on Wall Street came with a clear message from President Trump, Axios reports: Blame yourself. Two days after a strong Democratic midterm performance, major indexes fell, with the Nasdaq losing more than 5%, with AI-related stocks leading the decline. Trump took to Truth Social to claim that voters were at fault, posting that the market “collapsed today because the Democrats had a great Tuesday – it’s so sad to see, you only have yourself to blame!”
The sell-off follows a significant rally on Wednesday, when Trump highlighted the market’s rise. Investors are now weighing the prospect of tougher rules on artificial intelligence and its infrastructure under the leadership of the newly elected candidates, with futures and Asian markets signaling more turbulence to come. “Remember, it wasn’t the Republicans, it was the Dumocrats,” Trump posted, according to Forbes.
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