The Dow Jones Industrial Average plummeted nearly 1,000 points during President Trump's speech in Cincinnati, Ohio, on Monday, where he boasted about the Republican tax cuts and the state of the economy. At one point, the Dow was down more than 1,500 points before it started to recover, causing newscasters to interrupt coverage of the president's speech to discuss the plunge: HAPPENING NOW: Dow Jones Industrial Average plunges nearly 1,500 points, dipping below 25,000 https://t.co/XrBtzmU0gD pic.twitter.com/r2W6nAvTTu — CBS News (@CBSNews) February 5, 2018 "Your taxes are going way down," Trump meanwhile told the assembled crowd in Cincinnati, adding: "America is once again open for business." At one point, the Dow had lost as much as 38 percent of gains made under Trump, The Washington Post's Aaron Blake reported.
As Trump Touted The Economy In Ohio, The Dow Plunged Nearly 1,000 Points
OnlineEditor@theweek.com (Jeva Lange), The Week
Mon, 02/05/2018 - 1:31pm
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