Trump accuses stock market of making 'big mistake' by going down
Do you remember the good "old days?" Well, President Trump sure does, and things aren't like they used to be! On Wednesday, he returned to one of his favorite topics — the stock market — after having been oddly silent on the subject throughout the recent tumult:
The Dow Jones Industrial Average dropped 666 points Friday, fueled in part by a good (great) January jobs report, which "sparked … inflation fears and worries that interest rates could rise faster than expected," USA Today writes. On Monday, the Dow dropped nearly 1,200 points in the largest single-day point plunge in history. By Tuesday's closing, it had bounced back up over 550 points — no thanks to Trump's scolding about its "big mistake."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.
-
'Without mandatory testing, bird flu will continue circulating at farms across the country'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
Thirteen missing after Red Sea tourist boat sinks
Speed Read The vessel sank near the Egyptian coastal town of Marsa Alam
By Arion McNicoll, The Week UK Published
-
Khan supporters converge on Islamabad
Speed Read Protesters clashing with Pakistani authorities are demanding the release of jailed former prime minister Imran Khan
By Rafi Schwartz, The Week US Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published