Trump blames stock market drop on Democrats' midterm victory

Former US President Donald Trump said the stock market "collapsed today" because of the significant gains made by the Democratic Party in Tuesday’s midterm elections.

In a new post on Truth Social, Trump wrote: "It’s sad to see this, don’t blame anyone but yourselves!" He again used a mocking twist on the Democrats’ name.

The post came less than an hour after an earlier message in which Trump said the market had experienced "one of the worst days in history" due to the election results, claiming Americans’ retirement savings had declined, and vowing that the United States would "somehow become bigger and stronger than ever before."