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Wall Street settles after Trump blames post-election stock slump on voters: Live updates

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Sommerlad, J., & Dobkin, R. (2026, November 6). Wall Street settles after Trump blames post-election stock slump on voters: Live updates. The Independent. https://www.independent.co.uk/news/world/americas/us-politics/midterm-elections-results-trump-stock-market-live-updates-b3080605.html

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The Independent · collected 2026-11-06 · by Joe Sommerlad, Rachel Dobkin

Quick Summary

President Trump blamed voters for Thursday's significant stock market downturn, which saw the Nasdaq Composite drop by 5.52%, the S&P 500 fall by 4.36%, and the Dow Jones lose 1,833.06 points, following the Democratic victories in midterm elections. Democrats are projected to control both chambers of Congress, with a majority in the Senate at 54-44 and likely taking 253 seats in the House compared to Republicans' 157. The article also notes political turmoil within Trump's administration as he considers firings amid his diminishing influence.
Written by AI on 2026-11-09, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On November 8, 2026, U.S. President Donald Trump vowed a political comeback after the Republican Party lost control of both houses of Congress in midterm elections. The Democrats' victory triggered financial turmoil, leading to a $5.4 trillion market value loss on Wall Street as investors worried about potential regulatory clampdowns on artificial intelligence and data centers. Trump blamed the stock market plunge on Democratic victories, writing on Truth Social: "The Stock Market suffered one of the Worst Days in History based on the results of the Election," adding, "So sad to see, you only have yourselves to blame!" This election result left Trump politically hamstrung for his remaining two-year period as president and opened the door to potential investigations by the Democrat-controlled Congress into him, his family, and senior administration officials.

Written for “Trump Blames Democrats for Market LossesModule” on 2026-11-09, grounded in this article and the 16 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Reading Leans right (beta estimate) Confidence high
Leaning: leans right for article 134843 (high confidence, 1 verified quote) · logged 2026-11-09

Story

Trump Blames Democrats for Market LossesModule
Politics · 17 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads leans right and hedges 20% of its claims. Each row says how that neighbour differs.
Just The News
Hedges 0 of 8 claims Outlet record 95/100
Just The News
Hedges 0 of 8 claims Outlet record 95/100
Just The News
Hedges 0 of 8 claims Outlet record 95/100
Daily Mail
Leans strongly right further right than this Hedges 3 of 37 claims Outlet record 69/100
The Independent
Leans right Hedges 1 of 20 claims Outlet record 59/100
Washington Examiner
Hedges 0 of 2 claims Outlet record 68/100
The Independent
Hedges 2 of 42 claims Outlet record 59/100
The Hindu
Hedges 0 of 5 claims Outlet record 78/100
CBS News
Leans right Hedges 3 of 11 claims Outlet record 68/100
“The articles describe different market reactions to the election results: one reports a surge in stocks on November 4th while the other describes a significant drop on November 3rd.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
30
sentences that state something as happening or true
Uncertain
20%
6 of 30 hedged ("reportedly", "may", "according to")
Leaning
Leans right
of the writing, not the subject · beta estimate
Publisher signals
59/100
The Independent's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
17
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-09 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Independent · 3964 article(s) · 10 correction(s) detected
Running correction rate · 10 correction(s)

Who wrote this

Joe Sommerlad
84 article(s) here · 1 carrying a prediction
With votes still being counted in the Alaska and Mississippi Senate races and beyond, Democrats currently hold a 54 to 44 majority in the Senate and are projected to win 253 seats in the House to the GOP’s 157. The results come amid a civil war brewing within the Trump administration, with insiders scrambling to assign blame, the president reportedly sounding out advisors on the potential firing of Defense Secretary Pete Hegseth and Secretary of State Marco Rubio reportedly on “resignation watch.”
The DOJ is expected to give a press conference at 11 a.m. ET (4 p.m. GMT), it is being reported.
Fox News anchor Jesse Watters has suggested that Democratic midterms wins in deep-red Texas could mean “a Republican will never sniff the White House ever again” – unless the GOP win the state back.
Axios now reports that Vance has been lambasting Israeli Prime Minister Benjamin Netanyahu for dragging the U.S. back into the Middle East, warning the president that the war was “highly unpopular and could cost Republicans the election,” albeit to no avail.
The midterm elections are over, and that means only one thing: the simmering rivalries in the Republican and Democrat parties will bubble to the surface.
New York Republican Rep. Mike Lawler has claimed that not even Jesus Christ could have won re-election in his district after losing his seat in Tuesday’s disaster for the GOP in the midterms.
In another Senate race where votes are still being counted – Mississippi – Democrats believe they could be on course for at least one last major upset, with candidate Scott Colom in with a chance of unseating GOP incumbent Cindy Hyde-Smith in the traditionally deep red southern state.
Axios now reports that Vance has been lambasting Israeli Prime Minister Benjamin Netanyahu for dragging the U.S. back into the Middle East, warning the president that the war was “highly unpopular and could cost Republicans the election,” albeit to no avail.
Erika Kirk wound up her post by pledging that TPUSA would study Tuesday’s results in search of “conservative, free market solutions” to voters’ problems and keep on “building the permanent infrastructure Charlie envisioned.”
President Donald Trump has warned that any attempts to impeach him would “destroy” the Democrat Party after his party lost its control of Congress.
Also by Joe Sommerlad
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 84 articles by Joe Sommerlad →
Rachel Dobkin
125 article(s) here · 1 carrying a prediction
“Two years ago, you won a big, some might say historic victory.
“My husband, Charlie Kirk, was killed in an act of political violence, something our two children and I will live with every day for the rest of our lives,” Erika Kirk’s post continued.
Local authorities believe the man may have gone overboard roughly nine hours before he was found.
Riding the blue tsunami that will give Democrats control of the House and Senate come January, Sanders spoke to NBC News’ Kristen Welker on Sunday’s Meet the Press about pushing his progressive platform of a $ 20-per-hour minimum wage and free healthcare for all.
“We have canceled advertising on I’ve Had It and are reviewing our podcast placements against our brand safety standards,” Zenni wrote on X. Organic bedding brand Boll & Branch said it “does not currently advertise with the ‘I’ve Had It’ podcast and will not in the future.”
“While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information.” CEO Huang supports the investigation and has agreed to cooperate with it, the board said.
With votes still being counted in the Alaska and Mississippi Senate races and beyond, Democrats currently hold a 54 to 44 majority in the Senate and are projected to win 253 seats in the House to the GOP’s 157. The results come amid a civil war brewing within the Trump administration, with insiders scrambling to assign blame, the president reportedly sounding out advisors on the potential firing of Defense Secretary Pete Hegseth and Secretary of State Marco Rubio reportedly on “resignation watch.”
Several Democrats were projected to win House races, including Luz Rivas in California, Sam Forstag in Montana and Shannon Taylor in Virginia.
Do not fear, however, we will soon, one way or the other, be BIGGER AND STRONGER THAN EVER BEFORE.
Hinojosa will be the first Democrat to be sworn in as governor of Texas in more than 30 years and the first Latina in state history.
Also by Rachel Dobkin
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 125 articles by Rachel Dobkin →

Topics

Democrats GOP Israel Republicans Senate

Subjects

Trump PERSON · 7× Senate ORG · 4× Texas GPE · 4× Democrats NORP · 3× Paxton PERSON · 3× Republicans NORP · 3× Donald Trump PERSON · 2× GOP ORG · 2× Pete Hegseth PERSON · 2× State ORG · 2×

Narrative

El-Sayed has already found something he wants to work with Trump on Senator-elect Abdul El-Sayed has already found something he wants to work with President Donald Trump on – cutting aid to Israel. The Michigan Democrat, who has been an outspoken critic of Israeli leadership during the war in Gaza, which he calls a genocide, backed Trump’s idea to cut $4 billion in aid to Israel by the end of the year, saying that he would “love to work with him on doing that.” “I don’t think we should be continuing to subsidize a foreign military that has done the worst things with our money,” El-Sayed told the hosts of MS NOW’s Morning Joe Thursday.
framing: assertive · carried by 1 article(s) · first seen 2026-11-09
With votes still being counted in the Alaska and Mississippi Senate races and beyond, Democrats currently hold a 54 to 44 majority in the Senate and are projected to win 253 seats in the House to the GOP’s 157. The results come amid a civil war brewing within the Trump administration, with insiders scrambling to assign blame, the president reportedly sounding out advisors on the potential firing of Defense Secretary Pete Hegseth and Secretary of State Marco Rubio reportedly on “resignation watch.”

Claims (30 extracted, 6 hedged)

As Democrats continue to add to their “blue tsunami” of midterms wins, President Donald Trump has pointed the finger of blame at the opposition and at the American public for Thursday’s stock market plunge, which has since begun to ease. asserted
which → continue → plunge
The Nasdaq Composite dipped 5.52 percent while the S&P 500 dropped 4.36 percent and the Dow Jones went down 1,833.06 points in response to this week’s resounding election results. asserted
Jones → dip → results
“The Stock Market suffered one of the Worst Days in History based on the results of the Election,” Trump wrote on Truth Social. asserted
Trump → suffer → Social
“Remember, it wasn’t Republicans, it was Dumocrats.” asserted
it → remember → ?
In a follow-up, he told the electorate: “You only have yourselves to blame!” asserted
You → tell → yourselves
With votes still being counted in the Alaska and Mississippi Senate races and beyond, Democrats currently hold a 54 to 44 majority in the Senate and are projected to win 253 seats in the House to the GOP’s 157. The results come amid a civil war brewing within the Trump administration, with insiders scrambling to assign blame, the president reportedly sounding out advisors on the potential firing of Defense Secretary Pete Hegseth and Secretary of State Marco Rubio reportedly on “resignation watch.” uncertain
president → count → watch
Fox’s Jesse Watters fears Republicans may never win the White House again Hegseth not even under consideration for Senate role as his possible administration escape hatch closes: report Prior to the midterms, it was suggested that Pete Hegseth might make a play for Marsha Blackburn’s Tennessee Senate seat, assuming it became vacant when she won her race to become the Volunteer State’s next governor, as a means of escaping angry Democrats on Capitol Hill uncertain
she → fear → Hill
Blackburn did indeed win the governor’s manion, as it happens, but Hegseth is reportedly not in contention to be her replacement after all, leaving him trapped inside the Pentagon – unless Trump fires him. uncertain
Trump → win → him
Rhian Lubin reports. asserted
Lubin → report → ?
El-Sayed has already found something he wants to work with Trump on Senator-elect Abdul El-Sayed has already found something he wants to work with President Donald Trump on – cutting aid to Israel. The Michigan Democrat, who has been an outspoken critic of Israeli leadership during the war in Gaza, which he calls a genocide, backed Trump’s idea to cut $4 billion in aid to Israel by the end of the year, saying that he would “love to work with him on doing that.” “I don’t think we should be continuing to subsidize a foreign military that has done the worst things with our money,” El-Sayed told the hosts of MS NOW’s Morning Joe Thursday. asserted
Sayed → find → Joe
“In fact, I don’t know that we should be continuing to sell weapons to a country that is, again, using our weapons to do awful things.” asserted
that → know → things
Rachel Dobkin has more. asserted
Dobkin → have → more
Texas went so blue Talarico got more early votes than Paxton got in total Ruby red Texas went so blue during the GOP’s crushing midterm defeat that Democrat James Talarico got more early votes than Republican Ken Paxton got in total. Talarico defeated Paxton with more than 5.4 million votes in a blue tsunami that hit their state, as well as other reliably Republican states such as Iowa and Kansas. Paxton got 4,249,373 total votes, including 3,232,667 early votes, according to data from Texas Secretary of State Robert S Howden’s office. uncertain
Paxton → go → office
Rachel Dobkin reports. asserted
Dobkin → report → ?
Hinojosa says data centers ‘must benefit Texans’ Gina Hinojosa, the new governor-elect of Texas, has told CNN’s Jake Tapper that data centers have a place in her state but only if they benefit the locals and are not foisted upon communities without proper laws and protections in place. Trump’s insistence on their necessity and indifference to the objections raised by rural voters may well have cost Republicans their support this week. uncertain
insistence → say → support
The president has already issued his first threat to Hinojosa, who will succeed Greg Abbott in January, over her border security. asserted
who → issue → security
Trump’s DOJ looking at criminal investigation over Supreme Court abortion ruling leak asserted
DOJ → look → leak
Federal prosecutors are actively conducting a criminal investigation into the source behind the 2022 leak of the Supreme Court’s decision that overturned federal abortion rights. asserted
that → conduct → rights
Jasmine Fernandez reports. asserted
Fernandez → report → ?
A successful midterms performance for Democrats highlighted an evolving battleground for news consumers, as digital livestreamers like left-leaning creator Hasan Piker drew audiences substantial enough to rival legacy media networks. asserted
livestreamers → highlight → networks
Here’s more. asserted
more → ’ → ?
Trump vows to work with states that want to embrace AI asserted
that → vow → AI
Here’s the latest from the president on social media: asserted
latest → ’ → media
“As President, I am 100% in favor of Super Intelligence (SI), and will work with the many States in the U.S. that want to become RICH by having them. asserted
that → work → them
They are GOLD, and only foolish leadership will say ’NO’ to the riches they bring!” asserted
they → say → riches
He has also clearly changed the channel on Fox: asserted
He → change → Fox
“NEWSMAX: ‘Trump is a Winner, and he’s right on Iran!’” asserted
he → ’ → Iran
The veteran Democrat set to be the new Senate majority leader come January has brushed aside questions about his leadership of the party, albeit with a somewhat comic analogy comparing himself to an orchestra’s conductor. asserted
Democrat → set → conductor
South Carolina senator-elect Annie Andrews, who beat Darline Graham on Tuesday, has already called for “generational change” in Congress amid concerns over the advanced age of some party stalwarts (Schumer is a mere boy at 75). asserted
Schumer → beat → 75
Top polling analyst pushes idea that Trump may just flat out ‘quit’ as president after disastrous midterms Nate Silver, who correctly predicted that Democrats would regain control of both the House and Senate, has floated the idea that the president may just flat out “quit” as a result of his party’s crippling defeats in the midterm elections. Brendan Rascius has more. uncertain
Rascius → push → more
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