Trump: Stock market rising ‘despite the Russian hoax story!’ – The Hill

President Trump sought to downplay recent revelations surrounding the Russia probe on Saturday, saying the stock market was rising despite the “hoax story.”

“Stock Market hit another all-time high yesterday – despite the Russian hoax story! Also, jobs numbers are starting to look very good!” the president tweeted.

“Stock Market at new all-time high! Working on new trade deals that will be great for U.S. and its workers!” he said. 

The stock market closed Friday after a week of bombshell revelations surrounding the probe into alleged ties between the Trump campaign and Russian election meddling. 


The New York Times reported last week that Donald TrumpDonald TrumpMaxine Waters: GOP needs to speak out more about Trump, Russia CNN analyst: ‘This may go down as one of the most incompetent cover-ups’ Trump administration considers trading ‘carrots’ for ‘sticks’ on Pakistan: report MORE Jr. had arranged a meeting with Russian lawyer to gain damaging information on Hillary Clinton.

Trump Jr. said earlier this week that the meeting ultimately “went nowhere and it was apparent that that wasn’t what the meeting was actually about.” 

On Friday it was reported that a Russian-American lobbyist accompanied the lawyer at the meeting as well as a former Soviet counterintelligence officer.

Despite the revelations, U.S. stocks closed out strong on Friday with U.S. stocks reaching record highs on various indexes. 

The S&P 500’s index gained 11.44 points rising to 2,459.27, while the Dow gained 84.65 points, and rose to 21,637.74, according to CNN Money.

The Dow has reached 42 all times highs since President Trump was elected in November, while the S&P has reached 33 all-time highs since the election. 

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