Trump: With the latest midterm election results coming out, America has taken a big step backward.

President Trump said the U.S. “took a giant step backward” following the latest midterm election results, citing a single-day $3 trillion loss in stock market value despite equities having “rocketed” higher during his administration. The comment, reported by Jin10, frames the selloff as a direct consequence of the vote outcome rather than underlying economic conditions. Trump added that the country will “come back stronger and more glorious than ever before,” offering no specific policy details. The remark matters because it signals the president may tie market performance to the new political balance, potentially shaping investor expectations for fiscal and regulatory policy. What to watch next is whether the $3 trillion figure is corroborated by official index data and whether markets stabilize or extend losses in the sessions ahead.