A post by @WhiteHouse on X.
“The Stock Market suffered one of the Worst Days in History based on the results of the Election. Such a sad thing to watch! It took so much work to get us to a level that no one has ever seen before, and then this. Your 401(k)s have…
@WhiteHouse on X
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The White House (@WhiteHouse) said the U.S. stock market suffered "one of the Worst Days in History" following the election results, adding that Americans' 401(k) retirement accounts have therefore dropped. The post framed the selloff as a reversal of gains built up over the administration's tenure, calling it "such a sad thing to watch." The statement did not cite specific index levels, percentage declines or dollar figures. It matters as a signal of how the administration intends to frame market weakness politically, tying equity performance directly to retirement savings. What to watch next is whether officials follow up with concrete data on the size of the drawdown and whether the selloff extends beyond a single session.
Muhabbit's AI wrote this summary of @WhiteHouse's post in its own words. It can get details wrong, so read the post on X.
Named in this story
White House, Stock Market, 401(k)