KOKO Business · 13 Nov 2026
Trump Links Market Drop to Midterm Election Outcomes

President Donald Trump has connected the recent sharp decline in US stock markets to the Democratic Party's success in the midterm elections. The market drop occurred on Thursday, and Trump attributed it to the election results from earlier in the week.
On his Truth Social platform, Trump posted a message linking the market decline to the election outcome.
Market analysts have provided an alternative explanation for the selloff, citing investor worries about the future of big tech investments. Additionally, data center construction projects have faced public backlash due to their energy and resource consumption, prompting some newly elected candidates to promise legislative oversight.