Trump surprised by stock market comeback amid Iran conflict, thought Dow would be down 20%
Business
President Donald Trump said Tuesday he was surprised by the resiliency of the stock market amid the Iran conflict and assumed the financial damage would be even worse. In a CNBC interview, the president said he anticipated the Dow Jones Industrial Average and S&P 500 would have fallen by 20% — the benchmark for a bear market — and oil would be as high as $200 a barrel. "If you would have told me that oil is at 90 [dollars] as opposed to 200 I would be frankly surprised," Trump said on " Squawk
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