NewsNewsDetails
Trump blames the Democratic Party for the sharp drop in U.S. stocks
The Block
1h ago
Ai Focus
According to CCTV International News, U.S. President Donald Trump posted on social media on November 5th that the U.S. stock market experienced "one of the most devastating trading days in history" due to the results of this mid-term election, and blamed the Democratic Party for it. On that day, the three major stock indices in New York tumbled significantly: the Dow Jones fell by 3.44%, the S&P 500 index by 4.36%, and the Nasdaq by 5.52%, with technology and industrial sectors leading the decline.
Helpful
No.Help

CBN News 2026-11-06 08:13:07

Editor: Zhou Ling

According to CCTV International News, U.S. President Donald Trump posted on social media on November 5th local time, stating, "The U.S. stock market has experienced one of the worst trading days in history due to the results of these (midterm) elections. Remember, this is not the Republicans' fault; it's those 'stupid Democrats' who caused it. But there's no need to worry, we will soon become stronger and more glorious than ever before."

On November 5th, the three major stock indices in New York experienced significant declines. By the close of trading, the Dow Jones Industrial Average fell by 3.44%, the S&P 500 Index dropped by 4.36%, and the Nasdaq Composite Index lost 5.52%. In terms of sectors, the technology sector and the industrial sector led the declines with reductions of 7.30% and 4.12%, respectively.

The latest fiscal data for the first 11 months has been released, showing a continued trend of low growth in fiscal revenue.

The top four major tax categories all maintained stable growth.

The central bank made a net injection of 50 billion yuan in government bond trading in the open market in November.

The central bank made a net injection of 50 billion yuan in government bond trading in the open market in November.

Top 10 Bull Stocks of November Revealed: Guosheng Technology Leads with a Gain of Over 155%

6 out of these 10 stocks have seen a gain of over 100%.

A-share resumption of trading notice: 1 share resumes trading today

A-share resumption of trading notice: 1 share resumes trading today

A 6.0 magnitude earthquake occurred in Alaska, USA, with a focal depth of 70 kilometers.

A 6.0 magnitude earthquake occurred in Alaska, USA, with a focal depth of 70 kilometers.

Tip
$0
Like
0
Save
0
Views 29
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
The lame-duck session gives Congress the opportunity to address national debt: $40 trillion is just the tip of the iceberg
Author David M. Walker believes that although the U.S. federal debt exceeding $40 trillion by the end of August 2026 has drawn attention, what is more concerning is that as of September 30, 2026, the total federal liabilities and unfunded social security obligations amounted to at least $147 trillion. He calls on Congress to pass the bipartisan Fiscal Committee Act during this lame-duck session, in order to pave the way for difficult choices regarding spending and revenue in the future.
Fortune
·2026-11-07 18:59:10
33
Ethereum price bottom theory supported by $4.53 billion in leveraged bets, divergence between bulls and bears intensifies amidst volatility
A long position worth $45.3 million with 25x leverage provides support for the bullish view that Ethereum will bottom out around $2,000. CoinGlass data shows that nearly $300 million in long positions were liquidated within 48 hours, but the decline in ETH was just slightly over 1%; however, weakening demand for staking and continuous net outflows from ETF still pose challenges to this judgment.
The Cryptonomist
·2026-11-07 18:30:43
30
If the crypto market continues to decline, where might Bitcoin, Ethereum, and XRP fall to?
Analyst Ali Martinez pointed out that if Bitcoin loses its key support at $73,000, it could fall to $60,000; if Ethereum breaks below the $2,385 support level, it might further decline to $1,963; if XRP continues to weaken, it could test $0.99. The article also mentioned that since the beginning of this month, the global crypto market's market value has evaporated by over $180 billion.
Coinpedia
·2026-11-07 18:30:37
33
Central Bank Dynamics: Probability of the Fed raising interest rates in December increases, AI trading volatility may become a variable
In the past week, the U.S. mid-term elections, strong non-farm payroll data, and the sell-off in tech stocks have collectively raised market expectations for a Fed interest rate hike in December. Next week, the speeches of the U.S. CPI, PPI, and several Fed officials will be key points to watch, and the gold price at the $4,000 level will also face a test.
金十数据
·2026-11-07 18:09:52
33
View More
Latest from Author
Refresh
arrow
Mechanical hand that can walk on fingertips has been developed
Mechanical hand that can walk on fingertips has been developed
09-29 14:14   518peopleViews
News reports that Apple's iPhone 18 Pro series sold nearly 1.3 million units in China within 7 days of its launch.
News reports that Apple's iPhone 18 Pro series sold nearly 1.3 million units in China within 7 days of its launch.
09-27 21:59   602peopleViews
News: Changan Automobile Establishes the AD Collaborative Development Department; Avita and Deep Blue Begin Substantive Integration
News: Changan Automobile Establishes the AD Collaborative Development Department; Avita and Deep Blue Begin Substantive Integration
09-27 21:59   544peopleViews
Recommended