As President Trump talked up the benefits of the tax cuts at a Cincinnati factory Monday, the cable news networks all cut away to cover a 1,000-point drop in the Dow Jones Industrial Average. The Dow tumbled 1,175 points at closing to 24,345, the biggest correction to the stock market since Mr. Trump took office. [...]
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Until now, the surging stock market has been one of the President’s favorite and most frequent talking points. The president is also facing a looming government shutdown.
President Trump was supposed to talk about tax cuts in Cincinnati. He called Democrats "treasonous" and praised the "great sleuth."
Here is what you need to know. Global markets are under pressure. The Dow Jones industrial average is pointing to a 500-point drop at the open, or about another 2%. Overnight, Hong Kong's Hang Seng (-5.12%) was hit hard while China'...
After the Dow Jones industrial average index shed 1,175 points on Monday, investors will be wondering whether the sell-off will gather steam or burn out.