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International Business Times UK
International Business Times UK
World
Bernadette B. Tixon

Trump Fumes at Nasdaq Plunge, Says 'Stocks Should Go Up, Not Down' After Bumper Jobs Report

Trump blasts markets on Truth Social after Nasdaq plunges 3.8% despite strong May jobs report. (Credit: Max Goldberg/WikiMedia Commons)

President Donald Trump lashed out at financial markets on Friday after Wall Street responded to a stronger-than-expected jobs report by selling off sharply, with the tech-heavy Nasdaq closing down 4.18% — its worst single session since April 2025. The president, who has repeatedly tied his political fortunes to economic performance, posted his reaction to Truth Social shortly after the Bureau of Labour Statistics released its May 2026 employment figures.

'With a great Jobs Report, like just announced, stocks should go up, not down. That's the way it was for 200 years. Growth does not mean inflation! How else can a Country attain GREATNESS???' Trump wrote. The post drew widespread attention as indices across Wall Street moved in the opposite direction to what the president had demanded.

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