Nasdaq remains in the red and is on track for its fifth straight losing week. Its longest stretch of weekly losses since May 2022. Trump, who has been quick to brush off the possibility of a recession in interviews, also brushed aside the stock market sell-off.

When a White House adviser in the first Trump administration told TV viewers to “Go buy Ivanka stuff," top government lawyers sprang into action, telling her she had violated ethics rules and warning her not to do it again.

Commerce Secretary Howard Lutnick claimed that there will never be a better time to buy Tesla stock, in what legal scholars say could be a Hatch Act violation.