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The Guardian - UK
The Guardian - UK
National
Emma Brockes

Digested week: Tesla shares tumble as Trump crashes the markets

Donald Trump getting out of a red Tesla parked outside white building with his hand on his red tie
‘Deal ends at midnight and I’ll throw in mats, paint protection and a hanging air-freshener ... ’ Photograph: AP

Monday

To the people who parked their consciences and voted for Donald Trump because they thought he’d slash regulation, cut corporate taxes and eviscerate the federal government to send their stock holdings soaring, I’d like to ask: “How’s that working out for you?” For anyone with a pension, college savings or other assets in the US market this was an unrelaxing week, during which the Dow fell by almost 900 points on Monday and some $4tn (£3tn) was wiped off the S&P 500.

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