Trump is reportedly 'glued to' stock market fluctuations

President Trump may be conspicuously silent when it comes to major stock market losses, but he's apparently still watching every move with rapt attention.
Several officials close to Trump say he values the Dow Jones Industrial Average as an indicator of his success and job performance in the same way he values presidential approval poll numbers, The Wall Street Journal reports.
The president reportedly watches every little update on TVs he tunes to business networks. "He's glued to it," one person close to the White House told the Journal.
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.
Trump's obsession with markets has continued this week after his self-described "historic" meeting with Chinese President Xi Jinping. Trump is now reportedly questioning why the temporary tariff truce with China hasn't reflected more positively in U.S. markets.
While talking with his advisors, Trump was reportedly convinced the market lows were due to the Federal Reserve's plan to raise benchmark interest rates. However, some investors and administration officials attribute the downturn to Trump labeling himself a "Tariff Man" on Twitter Tuesday, signaling potentially heightened tensions with China down the road. Read more at The Wall Street Journal.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Marianne is The Week’s Social Media Editor. She is a native Tennessean and recent graduate of Ohio University, where she studied journalism and political science. Marianne has previously written for The Daily Beast, The Crime Report, and The Moroccan Times.
-
Judge bars Trump’s National Guard moves in Oregon
Speed Read In an emergency hearing, a federal judge blocked President Donald Trump from sending National Guard troops into Portland
-
Museum head ousted after Trump sword gift denial
Speed Read Todd Arrington, who led the Dwight D. Eisenhower Presidential Library and Museum, denied the Trump administration a sword from the collection as a gift for King Charles
-
Trump declares ‘armed conflict’ with drug cartels
speed read This provides a legal justification for recent lethal military strikes on three alleged drug trafficking boats
-
Supreme Court rules for Fed’s Cook in Trump feud
Speed Read Federal Reserve Governor Lisa Cook can remain in her role following Trump’s attempts to oust her
-
Judge rules Trump illegally targeted Gaza protesters
Speed Read The Trump administration’s push to arrest and deport international students for supporting Palestine is deemed illegal
-
Trump: US cities should be military ‘training grounds’
Speed Read In a hastily assembled summit, Trump said he wants the military to fight the ‘enemy within’ the US
-
US government shuts down amid health care standoff
Speed Read Democrats said they won’t vote for a deal that doesn’t renew Affordable Care Act health care subsidies
-
YouTube to pay Trump $22M over Jan. 6 expulsion
Speed Read The president accused the company of censorship following the suspension of accounts post-Capitol riot