Pam Bondi was just fired by Trump. Here's how the stock market has fared since her infamous 'Dow is over 50,000' comment.
Pam Bondi, former Attorney General, was fired by President Trump after making a comment about the Dow Jones Industrial Average being over 50,000. Since her comment, the Dow has fallen by 7.5% to 46,370, with some attributing the decline to her statement.
Pam Bondi was fired by President Trump. Before her departure, she commented on the Dow Jones Industrial Average, saying it was over 50,000. This remark was made during a hearing before the House Judiciary Committee. The Dow has since fallen by 7.5%. The S&P 500 and Nasdaq have also struggled, with the S&P 500 registering its worst monthly showing in a year. The US equity market is closed on Friday. Bondi's comment may have marked a local top for the market, as Wall Street professionals would call it.
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