Summary
- President Trump said he was surprised that the stock market was stronger than expected during the conflict with Iran.
- Trump told CNBC he was surprised by the stock-market rebound during the war with Iran and had initially expected the Dow Jones Industrial Average to fall about 20%%.
- The comments highlight that financial markets remained relatively resilient even as geopolitical risks in the Middle East intensified.
President Donald Trump said he was surprised by the stock market's stronger-than-expected performance during the conflict with Iran.
Crypto-focused media outlet BlockBeats reported on April 21 that Trump told CNBC he was surprised by the market rebound during the war with Iran and had initially expected the Dow Jones Industrial Average to drop about 20%.
The comments highlight that financial markets remained relatively resilient even as geopolitical risks in the Middle East intensified.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
