Business
Because of Trump's tweet: The stock market has been painted red
The president who returned to the White House tweeted that he had rejected Nancy Pelosi's $ 2.4 trillion offer of assistance: "Immediately after we win I will pass a grant."
Dow Jones and Nasdaq, which were up slightly, fell more than one percent
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Tuesday, 06 October 2020, 22:02
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In the video: Trump was released from the hospital and returned to the White House (Photo: Reuters)
US President Donald Trump returned to the White House and wasted no time in shaking the markets.
Wall Street shuffled today (Tuesday) between declines and slight rises, gained positive momentum, and then came this tweet.
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The president announced that he had suspended talks with Democrats "until after the election" regarding further incentives following Corona's economic damage.
"Immediately after I win we will pass on a huge grant to help Americans and small businesses that work hard."
Trump accused Nancy Pelosi, the speaker of the House of Representatives, of wanting to allocate $ 2.4 trillion "to democracies that are not well run and do not suffer from crime" and not to Corona. .
The markets reacted radically.
Nasdaq moved elevators down 1.2 percent and Dow Jones by 1.1 percent.
All this, in addition to the warning of Fed President Jerome Powell, who called on Congress to continue to support the markets and said: "The Fed will not always be able to inject money into the market. There is still a long way to go until full recovery."
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