Trump: Election results are the reason for stock market losses

US President Donald Trump said that the victories achieved by the Democrats in the midterm elections are the reason for the decline witnessed in the stock market.

Trump said on social media, “The stock market witnessed one of its worst days in history against the backdrop of the election results.”

He added, "But do not be afraid. We will soon become, one way or another, bigger and stronger than ever before."

US President Donald Trump signed an order on Thursday to classify the Oval Office as a national landmark, a move that reflects his intensified interest in beautifying the White House, despite the heavy defeat suffered by his Republican Party in the midterm elections.

Trump's critics accused the president of ignoring voters' concerns about war with Iran and the cost of living ahead of Tuesday's midterm elections, and instead focusing excessively on multiple construction and renovation projects in the capital.

The day after the Democrats won the majority in the House of Representatives and the Senate, Trump almost ignored the result and focused on reviewing the construction work in the new ballroom he is building in the White House.

This time, Trump's focus was on the Oval Office, which he has decorated with gold decorations since his return to power last year, and on the Cabinet Room next to it.

He said that this declaration “will make it impossible for anyone to destroy this amazing place,” and will also prevent future presidents from carrying out any construction work in the two chambers.

He added in statements to reporters, “It will not be possible to remove it, destroy it, touch it, or do anything else about it, as it is, in fact, a national landmark.”

However, this move fueled speculation that Trump may be preparing to conduct more work in the West Wing, after several hints at the possibility of changing the famous briefing room located near the Oval Office.

Trump's signing ceremony of the executive order in the Oval Office was not broadcast on major American networks, and he had prevented CNN from joining the regular media group dedicated to covering White House events.

US Secretary of State Marco Rubio on Thursday denied reports indicating that he would leave President Donald Trump's administration in order to run for president.

He said in an interview with the New York Times that working with Trump until the end of his term “was always my plan.” The newspaper quoted Rubio as saying, “Literally, I will no longer talk about 2028... I simply will not do that.”