Trump Blames Democrats for Market Rout After S&P 500 Falls 4.4%

President Donald Trump blamed Democrats for the latest US stock market selloff, describing the session as one of the worst in history and referring to his political opponents as “Dumocrats.”
The S&P 500 declined 4.4%, reportedly its steepest daily loss since April 2025. The comments came roughly 30 hours after Trump had described Americans' retirement accounts as being “through the roof.”
The sharp reversal in market sentiment followed the Democratic sweep of Congress, which raised concerns about potential changes to AI regulation and corporate investment policy.
Trump's remarks reflect his political assessment of the decline. The market reaction also coincided with broader concerns about technology valuations and interest rates, making it difficult to attribute the losses to a single factor.