Breaking
CNOpening up the Rendu Second Route in Yilan City’s East District, Route 11 will open to traffic at 6 o’clock tonightCNU.S. stocks tumble as Trump blames Democratic midterm election victoryCNTaichung South District’s morning run is scary! Scared to see a 21-year-old man hanging from a horizontal bar in the park, apparently dead with rigor mortisTRTTK workers' vehicle fell into a 100-meter cliff: There are dead and injuredAUThree people stabbed near Melbourne primary schoolCNTaiwan stocks plummeted by 3,700 points, and it was rumored that the government would issue a "short-term air restriction"! The plan behind the market veteran's rush to do "one thing" is exposedCNShopee finally sells iPads during Double 11, offering AirPods at half price at NT$1,111KRYonhap News SummaryTRThunderstorm warning for 5 regions! Code yellow for 16 provinces!TRMeteorology announced: Weather report for November 6, 2026... What will the weather be like today?CNOpening up the Rendu Second Route in Yilan City’s East District, Route 11 will open to traffic at 6 o’clock tonightCNU.S. stocks tumble as Trump blames Democratic midterm election victoryCNTaichung South District’s morning run is scary! Scared to see a 21-year-old man hanging from a horizontal bar in the park, apparently dead with rigor mortisTRTTK workers' vehicle fell into a 100-meter cliff: There are dead and injuredAUThree people stabbed near Melbourne primary schoolCNTaiwan stocks plummeted by 3,700 points, and it was rumored that the government would issue a "short-term air restriction"! The plan behind the market veteran's rush to do "one thing" is exposedCNShopee finally sells iPads during Double 11, offering AirPods at half price at NT$1,111KRYonhap News SummaryTRThunderstorm warning for 5 regions! Code yellow for 16 provinces!TRMeteorology announced: Weather report for November 6, 2026... What will the weather be like today?
BackU.S. stocks tumble as Trump blames Democratic midterm election victory
U.S. stocks tumble as Trump blames Democratic midterm election victory
BREAKING
自由时报11 minutes agoBusiness1 min readChinaView original

U.S. stocks tumble as Trump blames Democratic midterm election victory

Quick Look

  • President Trump blamed the day's stock market plunge on the Democratic Party's victory in the midterm elections and posted a message on real social media to express his dissatisfaction.
  • Analysts pointed out that market concerns that the Democratic Party will threaten the wave of investment in artificial intelligence data centers caused the Nasdaq index, which is dominated by technology stocks, to record its largest single-day percentage decline since April 2025.

AI-generated summary

Why It Matters

The U.S. midterm elections had just ended and the Democratic Party won the election. On the same day, the stock market fell sharply. Trump blamed the Democratic Party for the decline.

Font size

U.S. President Trump blamed today's stock market plunge on the victory of his rival Democrats in the midterm elections earlier this week. (AFP)

U.S. President Trump blamed today's stock market plunge on the victory of his rival Democrats in the midterm elections earlier this week.

Agence France-Presse reported that after the U.S. stock market closed, Trump posted on his social media platform "Truth Social" and wrote: "The stock market crashed today because the Democrats won a big victory on Tuesday. It is really sad to see this situation, and you only have yourselves to blame!"

Analysts pointed out that today's sell-off in the stock market was due to concerns that Democrats would threaten the wave of investment in artificial intelligence (AI) data centers. The Nasdaq index (Nasdaq), which is dominated by technology stocks, recorded its largest single-day percentage decline since April 2025.

The data center faces widespread opposition from American voters regardless of party affiliation, and many midterm candidates have pledged to hold off on such plans.

What to Watch

AI outlook — possibilities, not facts

  • Democratic candidate will push to suspend artificial intelligence data center plan

    Likely · Within weeks

Open Questions

  • What is the specific trading volume and decline value of the stock market crash?
  • How exactly will the elected Democratic candidates suspend the data center project?

Related Topics

This article was originally published by 自由时报.

Related Stories

Taiwan stocks plummeted by 3,700 points, and it was rumored that the government would issue a "short-term air restriction"! The plan behind the market veteran's rush to do "one thing" is exposed
Urgent·

Taiwan stocks plummeted by 3,700 points, and it was rumored that the government would issue a "short-term air restriction"! The plan behind the market veteran's rush to do "one thing" is exposed

Taiwan stocks once fell by more than 3,700 points in early trading on the 6th, hitting 37,837 points, breaking the intraday record for the largest single-day drop. TSMC, MediaTek and Delta Electronics led more than 1,700 companies to drop their limits. The government's rescue measures have not yet been announced, and there are rumors in the market that some veterans are rushing to place short orders. The possibility of Guoan Fund's protection depends on the outcome of the committee's discussion.

自由时报
2 min read
Has Huida hit bottom after falling below the $200 mark? Analysts see it this way
Developing·

Has Huida hit bottom after falling below the $200 mark? Analysts see it this way

Huida's stock price fell 9.3% on Thursday to close at $181.60, the largest one-day drop since January 2025, and its market value evaporated by $446.6 billion. Analysts believe that the stock price may be about to hit a bottom, with the expected price-to-earnings ratio of about 14 times, lower than the S&P 500 index of 18.45 times, and that growth is limited by supply rather than demand.

自由时报
3 min read
Taiwan stocks plummet, gold mining ETF009832 bucks trend and hits highs
BREAKING·

Taiwan stocks plummet, gold mining ETF009832 bucks trend and hits highs

Taiwan stocks have encountered epic selling pressure, and electronics and semiconductor equity stocks have suffered heavy losses. However, Taiwan's first gold mining ETF "009832" bucked the trend and rose, hitting a new high of 10.29 yuan since its listing. Mega Investment cited statistics from the World Gold Council that net inflows into global gold ETFs reached 211.2 metric tons in the third quarter. Investors are advised to review asset allocation and avoid excessive concentration in a single industry.

自由时报
2 min read
Standardize ticket refunds and changes! Consumers’ associations in Beijing, Tianjin and Hebei urge 10 airlines and 5 platforms to make rectifications within a time limit
Developing·

Standardize ticket refunds and changes! Consumers’ associations in Beijing, Tianjin and Hebei urge 10 airlines and 5 platforms to make rectifications within a time limit

The Beijing-Tianjin-Hebei Consumers Association held a briefing on the results of the investigation on ticket cancellations, changes, and rebookings on November 6, urging 10 airlines and 5 online ticketing platforms to conduct comprehensive self-examinations and provide feedback on rectification before December 10. It also proposed rectification requirements for three major issues: unclear disclosure of rules, irregular charging behavior, and insufficient rights protection.

中国新闻网
3 min read
00662 confirmed that 1 will be split into 5 and trading will resume on 11/17 and relisted.
Urgent·

00662 confirmed that 1 will be split into 5 and trading will resume on 11/17 and relisted.

Fubon NASDAQ ETF (00662) expects November 10 to be the last trading day before the split. Applications, redemptions, and transactions will be suspended from November 11. The price and number of units after the split will be announced on November 16. Applications, redemptions, transactions, borrowings, and transfers will resume on November 17. The fund's scale exceeded NT$100 billion in June this year, making it the first overseas stock ETF in China with a scale exceeding NT$100 billion. This time, it implemented a 1-for-5 split, aiming to lower the price per unit and increase the flexibility of investors' capital allocation.

自由时报
3 min read
More on this topictrump