The Nasdaq Composite sank by more than 1,000 points on Friday, pushing the week down 4.68 percent.
‘There’s something very interesting about it, where it almost becomes a partnership with the American public,’ the president said.
Payroll growth momentum could slow once the spectacle leaves North America, some economists warned.

The new ranking ended Walmart’s 13-year run as the list’s highest-revenue company.
Moscow is demanding that Ukraine surrender the rest of its eastern Donbas region, which includes two of the four disputed regions in their entirety.
The agency has been subsidizing connectivity to and within schools for almost 30 years, FCC Chairman Brendan Carr said.
The cost of the whole high-speed rail project was estimated at $126.08 billion, compared to the $33 billion price tag when the project was approved in 2008.
The Senate passed a roughly $70 billion bill to fund ICE and Border Patrol through the end of Trump’s second term.

Some senators cited opposition to the new acting director of national intelligence.
The sanctions target Cuban leader Miguel Díaz-Canel, his wife, the son of Raúl Castro, and more as the U.S. pressure campaign mounts.
The USTR has proposed 10 percent or 12.5 percent duties on 60 economies, with public comments due July 6 and hearings set for July 7.
The announcement was made one month after similar measures were taken in California.
Many scam centers are run from Laos, Cambodia, and Burma along the border with Thailand, across several industrial-scale compounds.
Taiwanese President Lai Ching-te called on China to ‘face the wounds of history.’
The president ordered an overhaul of U.S. customs enforcement aimed at strengthening compliance with customs laws.
‘The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable,’ trade czar Jamieson Greer said.
The facility has now been ‘secured and hardened,’ the border czar said.
Between 2013 and 2025, chronic homelessness jumped by 81 percent despite a 151 percent surge in taxpayer-funded beds.
The Supreme Court in a 6-3 decision stayed a lower court ruling that had blocked Alabama from using the map.