U.S. stock markets dropped massively by the end of its business day on Monday, marking one of the worst days for the market since 2022.
The Dow Jones Industrial Average dropped 1,034 points from Monday’s opening, or 2.6 percent. The Nasdaq Composite lost 3.4 percent, and the S&P 500 dropped 3 percent, according to CNBC.
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Former President Donald Trump blamed the Monday stock market dive on Vice President Kamala Harris in a series of Truth Social posts.
The market experienced a worldwide sell-off on Monday that hit American stocks as concerns over a possible U.S. recession take hold, Fox Business reported. Trump took to Truth Social to attribute the downturn to Harris being “even worse” than President Joe Biden, predicting an economic depression in 2024.
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