What was said
In a "60 Minutes" interview recorded on 6 November and aired on 8 November 2026, Trump said of the midterm results: "The market lost almost 2,000 points because of the Democrats."
Claimed by Donald Trump, President of the United States · news report
Our verdict
The Dow did fall sharply after the election: according to FactCheck.org it rose 3% the day after the vote and then dropped 3.4% the next day, and AP linked last week's selloff partly to worries that Democratic wins could slow AI data centre construction. But the fall came after a gain of similar size, and by the close on 9 November the Dow was above its Election Day close. The claim describes a real drop but leaves out that it followed a rally and was soon recovered.
The facts
- 1
On Election Day, 3 November 2026, the Dow Jones Industrial Average closed at 51,786.72, according to AP.
Associated Press via 11Alive: How major US stock indexes fared Tuesday 11/3/2026 - 2
On 9 November 2026 the Dow rose 1,104.02 points to close at 52,389.75; AP said stocks clawed back more of the previous week's big loss, which followed worries that Democratic midterm wins could slow AI data centre construction.
Associated Press via WTOP: How major US stock indexes fared Monday 11/9/2026 - 3
FactCheck.org reported that the Dow jumped 3% the day after the election, fell 3.4% the following day, and closed on 9 November about 1.2% above its Election Day level.
FactCheck.org: FactChecking Trump's Post-Election '60 Minutes' Interview
Published fact checks
- FactChecking Trump's Post-Election '60 Minutes' Interview · FactCheck.org
People and issues
Our reporting
Checked 15 November 2026. A claim is quoted as it circulated; the verdict comes from the facts listed here, each linked to its source. If you spot an error or have a newer record, tell us through the contact page and we will correct it openly.
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