Trump made the stock market a marker of success. Now he's hedging as markets dip. [View all]
(NBC News) When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.
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But after stocks began a downward spiral last week on fears Trump's use of tariffs will tip the United States into a recession, his tone has changed.
“You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”
On Monday, stocks sank further, erasing all of their gains since Trump’s election. The S&P 500 had its worst day since September, and shares of technology companies were among the hardest hit as the Nasdaq had its biggest one-day drop since 2022, wiping out $1 trillion in value.
https://finance.yahoo.com/news/trump-made-stock-market-marker-002623522.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE&ncid=crm_19908-1475736-20250311-0&bt_user_id=hyrlMnjdGOcih2ORdEf2FKxcdibGzEe6zWoJPkYxoJOjMQiAgPiF2ZeYojht%2BA%2Fx&bt_ts=1741693343301
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