Trump Blames Democrats for Wall Street Sell-Off as Asian Markets Plunge

President Trump blamed Democrats for Thursday's Wall Street sell-off, with the Nasdaq falling 5.52%, as Asian markets also plunged sharply on Friday, including an 8% drop in South Korea and 6% in Japan. The market turmoil stems from investor fears that the Democratic election victory could slow massive investments in artificial intelligence and data centers, which have driven tech stock gains. Trump called Democrats "Dumocrats" on Truth Social but assured markets would return "bigger and stronger than ever." The sell-off erased about $2.5 trillion in Nasdaq company value, with chipmakers and data center firms hit hardest. South Korea's Kospi triggered a trading halt, while Samsung Electronics lost about 10%.