Donald Trump claims America is 'open for business' despite stock market plunge

Donald Trump claims America is 'open for business' despite stock market plunge
Trump posted the tweet with a video of himself speaking at an OH manufacturing company, suggesting his policies had galvanised the United States economy. "And right now, for the first time in a long time. factories are coming back, everything's coming back", Trump said as he touted jobs growth and increased investments in the US.
The Dow giveth, and the Dow taketh away: The Dow Jones industrial average saw its worst single-day point drop ever on Monday, plummeting 1,175 points and erasing all of its 2018 gains. "America is once again open for business".
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Trump will issue "infrastructure principles, which will outline a plan" to boost infrastructure and call for cutting regulatory burdens to speed approval for new projects, the official said.
In an interview past year with The Associated Press, Trump seemed to recognize the risk of pointing to the markets as a sign of progress.
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The index was at 48.5 in the month of November, therefore, separating growth from contraction for the second month consecutively. The inflation in input prices in the services industry rose by its steepest level since April 2012 in January, the survey showed.
Bannon was not planning on showing up ahead of a Tuesday deadline because the White House and committee haven't reached an agreement over the scope of the questioning, a source said Monday. "But the fundamentals of this economy are very strong".
CNN's Jeff Zeleny noted that a White House aide found it "jarring" that Fox News pulled away from Trump's speech to cover the crash. And he didn't allow the stock market slide to dampen his remarks. "Before the ink was dry, companies were announcing thousands and thousands of new jobs and enormous investments to their workers", Trump said, before touting investment figures by major companies.
Wynn Resorts (WYNN) Lowered to "Neutral" at UBS Group
ILLEGAL ACTIVITY NOTICE: This news story was originally published by Week Herald and is the property of of Week Herald. Public Employees Retirement System of OH raised its stake in shares of Wynn Resorts by 28.6% in the second quarter.
If Trump deserves credit for a rising stock market - and experts, those pests, say he does not - then logically, critics said, he deserves credit for a historic plunge, too. One wonders if this sell-off continues, will the president take the same level of ownership with the slumping market?
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