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Trump (correctly) points finger at Democrats for stock market plunge during blue tsunami: Live updates

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Cite

Dobkin, R. (2026, November 6). Trump (correctly) points finger at Democrats for stock market plunge during blue tsunami: Live updates. The Independent. https://www.independent.co.uk/news/world/americas/us-politics/midterms-elections-trump-democrats-live-updates-b3080216.html

Dated from the outlet's own feed. Check the original for its byline.

The Independent · collected 2026-11-06 · by Rachel Dobkin

Quick Summary

President Donald Trump blamed Democrats for a significant stock market decline following midterm election results where Democrats gained control of both chambers of Congress. Trump’s tweet on Truth Social highlighted the poor performance, while Democrats celebrated their gains; notable victories included Luz Rivas in California, Sam Forstag in Montana, and Shannon Taylor in Virginia. The article also mentions internal turmoil within the Trump administration as some officials may face consequences due to the election results, with Defense Secretary Pete Hegseth being a possible target of criticism despite official denials.
Written by AI on 2026-11-06, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On November 5, 2026, U.S. stock markets experienced significant losses following Democrats' commanding victories in midterm elections. The Dow Jones Industrial Average plunged by approximately 1,200 points, erasing most of the gains seen on Wednesday after election results were announced. Stocks related to artificial intelligence (AI) and tech companies like Nvidia and Intel saw substantial drops; Intel's shares fell over 18%, while Nvidia's dropped more than 10%. The Nasdaq Composite index slumped by up to 5% in its worst day since April 2025, amid growing concerns about tougher AI regulation under Democratic leadership. President Donald Trump blamed the market crash on Democrats' electoral success, tweeting, "The Stock Market crashed today because the Dumocrats had a big Tuesday — So sad to see, you only have yourselves to blame!"

Written for “Trump Blames Democrats for Market Plunge” on 2026-11-06, grounded in this article and the 29 other(s) covering the same event.
Why this leaning score
The model judged this article politically coded and scored it +0.35, but all 2 of its quote(s) are attributed speech - words the article quotes from someone, not the article's own narration, so the score is not published.
Written under an earlier scoring contract, which gave a paragraph rather than checkable quotes. Re-analysing this article replaces it.
Leaning score withheld for article 133631: attributed speech only · logged 2026-11-06

Story

📰 Trump Blames Democrats for Market Plunge
Politics · 30 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 5% of its claims. Each row says how that neighbour differs.
The Independent
⚖️ Leans left Hedges 0 of 5 claims Outlet record 59/100
“The articles describe different stages of the election aftermath: Article A covers immediate reaction on election night, while Article B discusses later consequences including stock market reactions and additional projected wins.”
The Independent
⚖️ Leans right Hedges 1 of 20 claims Outlet record 59/100
The Hindu
Hedges 0 of 5 claims Outlet record 77/100
CBS News
⚖️ Leans left Hedges 0 of 2 claims Outlet record 69/100
Euronews
Hedges 1 of 10 claims Outlet record 60/100
“The articles discuss different aspects of the midterm election results and reactions — one focuses on Trump's acknowledgment of gas prices, while the other covers his comments about the stock market plunge.”
Semafor
⚖️ Leans right Hedges 0 of 4 claims Outlet record 68/100
“The articles describe different market reactions and contexts on separate dates.”
BBC News
Hedges 1 of 67 claims Outlet record 66/100
“The articles discuss different aspects of the aftermath of election results - one focuses on Republican blame towards Trump for their losses, while the other highlights Trump's reaction to and interpretation of stock market impacts.”
Times of India
⚖️ Leans left Hedges 9 of 56 claims Outlet record 59/100
“Article A discusses Elon Musk's financial losses and political setbacks following the midterm election results, while Article B focuses on President Trump's reaction to stock market performance during the election results.”
Mother Jones
⚖️ Leans left Hedges 6 of 28 claims Outlet record 60/100
“Article A discusses a specific incident where Trump's crypto coin and other ventures faced market downturns on election night, while Article B covers subsequent live updates about Democrats' electoral success and the stock market plunge blamed on election results.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
42
sentences that state something as happening or true
Uncertain
5%
2 of 42 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
59/100
The Independent's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
30
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-06 · 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 · 3850 article(s) · 10 correction(s) detected
Running correction rate · 10 correction(s)

Who wrote this

Rachel Dobkin
116 article(s) here · 1 carrying a prediction
🔮 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.
🔮 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.
🔮 Hegseth’s spiel came hours after news broke that a Republican lawmaker will soon file articles of impeachment against the Pentagon chief.
🔮 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.
🔮 “I’m here to keep a Jihadist Muslim Brotherhood member from becoming a United States senator,” Trump said, adding that El-Sayed “would be the only senator that will have to go through a metal detector before he's allowed to go into the Senate.”
🔮 If you sign up to this service we will earn commission.
🔮 GET OUT AND VOTE FOR GREG — HE WILL NEVER LET YOU DOWN!” Trump wrote in a Truth Social post.
🔮 Trump suggested he is willing to work with Democrats on some issues, but would not compromise on immigration or transgender policies.
Also by Rachel Dobkin
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 116 articles by Rachel Dobkin →

Topics

Defense Democrats House Republicans The White House

Subjects

Trump PERSON · 9× Democrats NORP · 6× Abdul El-Sayed PERSON · 4× Donald Trump PERSON · 3× Republicans NORP · 3× Senate ORG · 3× The White House ORG · 3× Congress ORG · 2× Defense ORG · 2× House ORG · 2×

Narrative

Chuck Schumer speaks with John Thune after election victory Senate Minority Leader Chuck Schumer spoke with Senate Majority Leader John Thune after it became clear that the Democrats would take control of Congress. Trump holds the line with petty CNN ban The White House responded to Kaitlan Collins’ post with a link to its own livestream of the event. DOJ on hunt for Supreme Court abortion ruling leak The feds have not given up trying to find the identity of the person who leaked a 2022 draft of the Supreme Court ruling that overturned Roe v. Wade.
framing: assertive · carried by 1 article(s) · first seen 2026-11-06
🔮 Several Democrats were projected to win House races, including Luz Rivas in California, Sam Forstag in Montana and Shannon Taylor in Virginia.

Claims (42 extracted, 2 hedged)

Democrats continue to add to their blue tsunami as President Donald Trump — correctly — pointed the finger at them for a stock market plunge. asserted
Trump → continue → plunge
“The Stock Market suffered one of the Worst Days in History based on the results of the Election. asserted
Market → suffer → Election
Such a sad thing to watch!” Trump wrote on Truth Social. asserted
Trump → watch → Social
Several Democrats were projected to win House races, including Luz Rivas in California, Sam Forstag in Montana and Shannon Taylor in Virginia. asserted
Democrats → project → Virginia
These wins bring the total number of Democrats projected to win House seats to 247, compared with 147 Republicans. asserted
wins → bring → Republicans
Democrats will control both chambers when the new Congress convenes in January. asserted
Congress → control → January
The results come as a civil war is brewing inside the Trump administration, with insiders scrambling to assign blame. asserted
insiders → come → blame
Trump has reportedly called advisors asking whether Defense Secretary Pete Hegseth should be axed. uncertain
Hegseth → call → advisors
Other key players caught in the turmoil include Vice President JD Vance and White House Chief of Staff Susie Wiles. asserted
players → catch → Staff
Meanwhile, Secretary of State Marco Rubio is on “resignation watch,” following the GOP’s disastrous midterm performance, sources familiar with the matter told The Independent. asserted
sources → follow → Independent
The White House denied the report. asserted
House → deny → report
Abdul El-Sayed claps back at Trump's metal detector insult asserted
Sayed → clap → insult
Senator-elect Abdul El-Sayed has clapped back at President Donald Trump's demand that the Michigan Democrat go through metal detectors at the U.S. Capitol building. asserted
Democrat → clap → building
“I'll do a metal detector all day because I've got nothing to hide. asserted
I → do → nothing
But Donald, if you're watching — lie detector’s is still on the table,” El-Sayed said during an appearance on The View. asserted
Sayed → watch → View
Watch: Will Rubio be first to jump off Trump train as he eyes 2028 presidential run? asserted
he → watch → run
Abdul 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.” asserted
he → find → 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 → think → 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
Senior Trump official calls Hegseth firing rumors 'delusional thinking' asserted
official → call → rumors
There are rumors swirling that Defense Secretary Pete Hegseth may get the axe after the unpopular Iran war hurt Republicans in the midterms. uncertain
war → be → midterms
“Anyone looking to point fingers should start looking for another scapegoat. asserted
Anyone → look → scapegoat
The Pentagon and the White House made their positions crystal clear tonight. asserted
positions → make → ?
They are coming out swinging in support of Hegseth and that should tell you everything you need to know,” a senior administration official told NewsNation’s Kellie Meyer. asserted
official → come → Meyer
“Suggesting he’s looking for an exit or preparing to step aside is delusional thinking and misreading the situation. asserted
he → suggest → situation
He’s not going anywhere. asserted
He → go → ?
He’s going to remain focused on his mission, he won’t be distracted by the noise, and he’s not going to let the pressure dictate his future. asserted
pressure → go → future
“The idea that the Left and no name sources can manufacture enough controversy to force him out is wishful thinking. asserted
Left → manufacture → him
He’s been through way tougher fights and this fight has only begun. asserted
fight → begin → fights
Never bet against Pete,” the official added. asserted
official → bet → Pete
Chuck Schumer speaks with John Thune after election victory Senate Minority Leader Chuck Schumer spoke with Senate Majority Leader John Thune after it became clear that the Democrats would take control of Congress. Trump holds the line with petty CNN ban The White House responded to Kaitlan Collins’ post with a link to its own livestream of the event. DOJ on hunt for Supreme Court abortion ruling leak The feds have not given up trying to find the identity of the person who leaked a 2022 draft of the Supreme Court ruling that overturned Roe v. Wade. asserted
that → speak → Wade
The U.S. Attorney’s Office for the District of Columbia, headed by Trump appointee Jeanine Pirro, is managing the investigation. asserted
Office → head → investigation
Pirro, working with career prosecutors, assigned senior prosecutor Carlton Davis to the matter. asserted
Pirro → work → matter
Davis previously handled local fraud and violence prosecutions, as well as an unsuccessful effort to indict six Democratic lawmakers who had advised military personnel about refusing unlawful orders. asserted
who → handle → orders
The Justice Department has accelerated its inquiry in recent weeks, The New York Times reported. asserted
Times → accelerate → weeks
Prosecutors have issued grand jury subpoenas for testimony and requested information from people employed by the high court when the draft opinion was disclosed. asserted
opinion → issue → court
Read on Trump continues to shift blame for election losses: 'I JUST WASN’T ON THE BALLOT' President Donald Trump has continued to shift the blame for a crushing electoral defeat off himself. ”I JUST WASN’T ON THE BALLOT. asserted
I → read → BALLOT
IF I WERE, WE WOULD HAVE WON IN A LANDSLIDE!” Trump wrote on Truth Social Thursday night. asserted
Trump → win → Social
But the president had campaigned hard for Republicans by telling his supporters to pretend he was on the ballot. asserted
he → campaign → ballot
The post is essentially the same as the one he wrote on election night. asserted
he → write → night
…and 2 more, not listed.
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