Nothing to See Here? Trump Calls Stock Market Plunge ‘A Little Glitch’


President Donald Trump held an extensive press pool spray with White House reporters on Wednesday, during which he dismissed the recent turbulence in the stock market as a “glitch.”

Investors have been on edge since the Dow Jones Industrial Average and the S&P 500 both experienced major fluctuations in the last few days. Data from Wall Street shows that stocks finished in 2018 with the worst showing they’ve seen in a decade, but Trump is calling this a “little” disruption that will correct itself once he’s done renegotiating America’s trade deals.

Bloomberg reports that numerous investors are commencing equity sell-offs and reconsidering their outlook after the S&P 500 fell by 6.2 percent, putting their broad stock index in the worst position it has seen since the 2008 financial crisis. As for Dow Jones, CNBC says the market is seeing considerable bounces after dropping another 400 points today.

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