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.
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?







