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Fact-check · Nov 7, 2026 · Donald Trump

“The markets all over the world, when they heard that the Democrats won that election, the market dropped $3,000,000,000,000, the highest amount in history”

FALSESaid in 3 broadcasts
What the record shows
7726.7 — S&P 500 for Trump II at month 21 of the term (~2026), per FRED.

Claim lacks specific election date and timeframe. Market drops are measurable but 'highest in history' requires precise comparison period and index definition.

▶ Watch the broadcast
From: President Trump Gaggles with Press Upon Arrival at Palm Beach, FL, Nov. 6, 2026

Every time it was said

3 times, Nov 6, 2026 to Nov 7, 2026 · 1 misleading · 2 false · against S&P 500 (FRED)
636970907812NovDecJan 26FebMarAprMayJunJulAugSepOctNovNov 6, 2026: published figure 7,354 index (Nov 2026) — FALSENov 6, 2026: published figure 7,354 index (Nov 2026) — MISLEADINGNov 7, 2026: published figure 7,354 index (Nov 2026) — FALSE
S&P 500, as revised today● figure published the day it was saidMisleadingFalse

The verdicts differ. Some differences can come from new data between dates (see the figure published each day); others come from changes in the wording or in what each check found. Each check is linked below.

Nov 6, 20267,354 index (Nov 2026) · President Trump Gaggles with Press Upon Departure from the White House, Nov. 6, 2026FALSENov 6, 20267,354 index (Nov 2026) · President Trump Delivers Remarks, Nov. 6, 2026MISLEADING
Nov 7, 20267,354 index (Nov 2026) · This pageFALSE
Figures published each day come from FRED archives (ALFRED), before later revisions.

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