Treasury Secretary Scott Bessent on Thursday played down the recent weakness in the stock market, saying the White House was focused on the long term. “I’m not concerned about a little bit of volatility over three weeks,

Once a stock market darling, Nvidia stock seems to have taken a heavy beating due to increasing economic uncertainties, rising tech sector volatility, and intensifying competitive pressures. An increase in insider and institutional selling activity in the past year also seems to have affected investor confidence.

Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term economic success.