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Trump Seeks Market Calm as Stocks Tumble Despite Strong Jobs Data

1 min read
Source: Mediaite
Trump Seeks Market Calm as Stocks Tumble Despite Strong Jobs Data
Photo: Mediaite
TL;DR

Markets plunged (S&P −2.6%, Nasdaq −4.2%) even though May’s jobs report beat expectations, adding 172,000 jobs; Trump tried to calm investors via Truth Social, touting 'it's raining jobs' and blasting Democrats, but the sell-off continued, led by semiconductor and AI stocks amid inflation worries and tariff tensions.

Topics:businesspolitics#donald-trump#jobs-report#market-reaction#politics#stock-market#truth-social
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  1. Trump Feverishly Tries To Reassure Markets After Stocks Plummet: ‘IT’S RAINING JOBS!’  Mediaite
  2. Trump signals US economy booming despite affordability concerns: ‘IT’S RAINING JOBS’  The Hill
  3. Trump Applauds ‘Great’ Jobs Data That Surprised Again  Forbes
  4. Trump Looks to Jobs Report to Calm Americans’ Economic Fears  Bloomberg.com
  5. Trump on May Job Numbers: ‘Wow!...That’s Not Bad’  WSJ

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