President Trump briefed on market sell-off, says CNBC

U.S. President Donald Trump has been briefed on Wednesday's stock market sell-off.

U.S. President Donald Trump has been briefed on Wednesday's stock market sell-off, CNBC reported, citing a senior official, as the Dow Jones Industrial Average dropped more than 3 per cent in one day and the S&P 500 marked its biggest daily decline since February.

"A senior White House official gives me this comment now: 'This is a bull market correction. It's probably healthy. This will pass and the US economy remains strong," CNBC reporter Eamon Javers posted on Twitter.