Trump blames Democrats for sharp decline in US stock markets

US President Donald Trump blamed the Democratic Party for the sharp decline in US stock markets following Democratic gains in the midterm elections. Analysts attributed the downturn to investor concerns over the impact of the Democratic rise on artificial intelligence investments.

US President Donald Trump blamed the Democratic Party for the sharp decline in US stock markets following the gains made by Democrats in the midterm elections held earlier this week. Trump said in a post on his platform 'Truth Social' after the market close that the stock decline came as a result of the 'big win' achieved by Democrats on Tuesday, adding: 'It's sad to see, you have only yourselves to blame.' In contrast, analysts attributed the wave of stock selling to investor concerns over the repercussions of the Democratic rise on investments in artificial intelligence data centers, which face growing opposition among American voters across party affiliations. The Nasdaq index, which includes shares of major technology companies, recorded its worst daily performance since April 2025, amid fears that the positions of the Democratic winners in the elections, several of whom pledged to limit the expansion of data center projects, could affect investment plans in this sector.