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President Trump briefed on market sell-off, says CNBC

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


Devdiscourse News Desk United States
Updated: 11-10-2018 06:41 IST
President Trump briefed on market sell-off, says CNBC

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. (Image Credit: Twitter)

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.

(With inputs from agencies.)

COUNTRY : United States

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