Trump pins US stock market plunge on Democrats wiping out GOP in midterms: ‘Sad thing to watch!’

President Trump blamed the Democrats’ blue wave election wins for Thursday’s unprecedented stock market sell-off that saw firms lose trillions of dollars in value in a single day.

“The Stock Market suffered one of the Worst Days in History based on the results of the Election,” Trump fumed on Truth Social.

“Such a sad thing to watch! It took so much work to get us to a level that no one has ever seen before, and then this,” the president continued. “Your 401(k)s have, therefore, dropped.

“Remember, it wasn’t Republicans, it was Dumocrats,” he added, referring to the Democratic Party.

Trump, however, expressed optimism that the market would quickly make up for Thursday’s losses.

“Do not fear, however, we will soon, one way or the other, be BIGGER AND STRONGER THAN EVER BEFORE,” he wrote. “MAKE AMERICA GREAT AGAIN!”

S&P 500 and Nasdaq companies shed a combined $5.4 trillion in market value – single-day records – amid fears of a looming clampdown on artificial intelligence and data centers in the wake of Democrats securing majorities in the House and Senate.

The Dow Jones Industrial Average fell 1,833 points, or 3.44%, while the Nasdaq dropped 5.52% and the S&P 500 dipped 4.36%.

In a subsequent post, Trump doubled down on his claim that the market “crashed today because the Dumocrats had a big Tuesday.” 

“So sad to see, you only have yourselves to blame!” he added. 

Democrats flipped more than 40 GOP-held House seats during Tuesday’s midterm elections, with dozens of contests still too close. 

In the Senate, the blue party flipped seven seats. Races in Mississippi and Alaska are still too close to be called, but the Democratic challengers are in the lead. 

Stocks soared the day after the midterms, with the Dow jumping more than 1,500 points amid investor hopes that a divided government would be good for the economy. 

Trump bragged that the market “just hit another Record High — 91 Days in just a short period of time — Less than two years.” 

“Your 401(k)s are through the roof. Record Setting All!” he wrote on Truth Social Wednesday.