US President Donald Trump has stated that he thinks the financial markets will bounce back, but also that the Federal Reserve should cut interest rates again.

The Dow Jones Industrial Average dropped 664.07 points, or 2.54%, at the open to 25,457.21.

The S&P 500 opened 69.74 points down, or 2.31%, at 2,954.20. The Nasdaq Composite fell 269.58 points, or 3.08%, to 8,469.02 at the opening bell.

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