Trump blames voters for post-election stock slump as markets recover

President Donald Trump blamed Democrats and then voters for Thursday's stock market plunge following the Democratic midterm election sweep, while markets began recovering Friday. The Nasdaq fell 5.52 percent and S&P 500 dropped 4.36 percent after the results. Trump wrote on Truth Social that the market suffered based on election results, saying "it wasn't Republicans, it was Dumocrats," then told the electorate "You only have yourselves to blame!" Stocks edged up Friday, with the S&P 500 gaining 0.70 percent and Nasdaq 1.28 percent. Democrats hold a 54-44 Senate majority and are projected to win 253 House seats. The losses come amid internal administration turmoil, with reports of potential firings of Defense Secretary Pete Hegseth and Secretary of State Marco Rubio. Republican Rep. James Comer acknowledged "a lot of questions about Hegseth," while Democrats have threatened impeachment proceedings.