Why some are accusing Trump of manipulating stock markets
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A trader on the floor of the New York Stock Exchange. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images Wall Street has been whipsawed for more than a week by President Trump's every word about tariffs. Now he's facing accusations of using his power to deliberately manipulate the markets. The scrutiny started with a tale of two social media posts. On Wednesday, shortly after the U.S. stock market opened, Trump posted on his Truth Social network in all caps: "THIS IS A GREAT TIME TO BUY!!!" Less than four hours after his post, Trump said on Truth Social that he would pause the harshest of his tariffs on most countries. Stocks immediately skyrocketed in relief, with the Dow closing up almost 3,000 points — meaning that any investors who had followed Trump's advice in the morning and bought into the stock market right away would have made quite a bit of money by the end of the day. Prior to his post, share prices had been plummeting for days, as fears mount...