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Trump blames Democrats' election win for US stock market fall

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Ongoing: US mid-terms Hot

The US president posted on Truth Social after markets closed on Thursday, saying the stock market crashed because Democrats had a big Tuesday in the midterm elections. Analysts gave a different reason for the selloff, linked to artificial intelligence investment.

Analysts said the selloff came from fears that Democrats would threaten the boom in investment in AI data centres. The Nasdaq had its worst session in percentage terms since April 2025.

Trump also said in his post that Democrats had only themselves to blame. He made the claim on Thursday, after US markets closed.

Key facts

Who
Donald Trump (US President); Democratic Party (Trump's rival party, which won the midterm elections)
What
Trump posted on Truth Social after US markets closed on Thursday that the stock market crashed because Democrats had a big Tuesday in the midterm elections. Analysts attributed the selloff to fears of Democrats threatening the AI data center investment boom, with the Nasdaq suffering its worst session percentage-wise since April 2025.
When
5 November 2026
Where
United States
Status
Reported

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