The Atlantic

The Stock Market’s Biggest Decline Since Trump’s Election

The president has touted the rally as evidence of success. What does this drop mean?
Source: Lucas Jackson / Reuters

For the past few months, President Donald Trump has happily, and consistently, for at least one economic indicator: the rising stock market. But on Tuesday, the Dow, Nasdaq, and S&P—the indices that Trump loves to point to as proof of his economic success—all precipitously declined by at least a full, their worst performance since the fall of 2016. The Nasdaq dropped nearly .

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