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Trump blames the Democratic Party for the sharp drop in U.S. stocks
The Block
39m ago
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According to CCTV International News, U.S. President Donald Trump posted on social media on November 5th that the U.S. stock market experienced "one of the most devastating trading days in history" due to the results of this mid-term election, and blamed the Democratic Party for it. On that day, the three major stock indices in New York tumbled significantly: the Dow Jones fell by 3.44%, the S&P 500 index by 4.36%, and the Nasdaq by 5.52%, with technology and industrial sectors leading the decline.
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CBN News 2026-11-06 08:13:07

Editor: Zhou Ling

According to CCTV International News, U.S. President Donald Trump posted on social media on November 5th local time, stating, "The U.S. stock market has experienced one of the worst trading days in history due to the results of these (midterm) elections. Remember, this is not the Republicans' fault; it's those 'stupid Democrats' who caused it. But there's no need to worry, we will soon become stronger and more glorious than ever before."

On November 5th, the three major stock indices in New York experienced significant declines. By the close of trading, the Dow Jones Industrial Average fell by 3.44%, the S&P 500 Index dropped by 4.36%, and the Nasdaq Composite Index lost 5.52%. In terms of sectors, the technology sector and the industrial sector led the declines with reductions of 7.30% and 4.12%, respectively.

The latest fiscal data for the first 11 months has been released, showing a continued trend of low growth in fiscal revenue.

The top four major tax categories all maintained stable growth.

The central bank made a net injection of 50 billion yuan in government bond trading in the open market in November.

The central bank made a net injection of 50 billion yuan in government bond trading in the open market in November.

Top 10 Bull Stocks of November Revealed: Guosheng Technology Leads with a Gain of Over 155%

6 out of these 10 stocks have seen a gain of over 100%.

A-share resumption of trading notice: 1 share resumes trading today

A-share resumption of trading notice: 1 share resumes trading today

A 6.0 magnitude earthquake occurred in Alaska, USA, with a focal depth of 70 kilometers.

A 6.0 magnitude earthquake occurred in Alaska, USA, with a focal depth of 70 kilometers.

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