Trump erupts at ‘dumocrats’ after trillions of dollars incinerated in stock plunge and vows US will come back stronger ‘one way or another’: ‘Do not fear’
- US stocks shed about $2.5 trillion after the midterm results.
- Technology shares led the steep market falls.
- Trump blamed Democrats and promised a stronger recovery.
US stocks plunged after the midterm elections, wiping about $2.5 trillion from their market value as investors weighed the impact of Democratic gains on technology spending and data centre construction. Donald Trump blamed Democrats for the fall, while analysts also pointed to concerns about growth at artificial intelligence…