Fact-check · Nov 7, 2026 · Donald Trump
“The stock stock market lost”
TRUE
What the record shows
S&P 500 fell 19.4% in 2022, with a peak-to-trough decline of 25% before bottoming in October 2022, per multiple financial data sources.
The stock market declined significantly in 2022 ahead of the midterm elections. The S&P 500 lost 19% for the full year.
Sources
- What History Says About 2022 Stock Market Performance During US Midterm Election Cycle
- Midterm Elections and Stock Market Trends
- How Midterm Elections Can Influence the Stock Market
- How Midterm Elections Affect the US Stock Market
- Stock market after midterms: S&P 500 up all 19 times
- Midterm elections and the stock market: 19 midterms of data
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