In a recent statement, U.S. President Donald Trump attributed the significant drop in the stock market to the Democratic Party's victories in the midterm elections held earlier this week. He expressed concerns that the electoral success of his rivals could lead to adverse impacts on the economy, particularly in the stock market sector.
The stock market experienced a notable selloff, with analysts suggesting that fears surrounding the Democratic control might jeopardize the booming investment in artificial intelligence data centers. This selloff was particularly evident in the Nasdaq, which recorded its worst session in percentage terms since April 2025, reflecting investor anxiety over potential regulatory changes that could arise from a Democratic majority.S2
Trump's comments come at a time when the stock market is sensitive to political developments, and his remarks highlight the ongoing tension between the two major political parties in the United States. The implications of the midterm elections on economic policy and market stability are likely to be a focal point for investors in the coming weeks.S1S2