Trump says US took ‘giant step back in history’ after Democrats’ midterm victory
AI summary
Donald Trump said the Democrats' midterm sweep caused a $3 trillion one‑day market loss and vowed his party will return bigger and stronger. He linked the decline to election results and policy stances on Iran and data‑center regulation.
Key takeaways
- Trump blamed the $3 trillion market drop on the Democratic victory and his administration’s Iran stance.
- Wall Street fell sharply after an initial post‑election rally, with tech and AI stocks hit hardest.
- Democrats won majorities in both chambers, shifting power but Trump still holds veto authority.
- Some Democratic candidates campaigned on restricting data‑center projects, raising investor concerns about AI infrastructure.
Read the original at Times of India
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