Trump talks about war and the stock market: "I originally thought the decline would be bigger"

US President Trump said on Friday local time that he expected the conflict in Iran to have a more serious impact on the stock market. "I initially thought the stock market would drop more," he said, adding, "I also thought oil prices would rise higher." The S&P 500 index has fallen for the fifth consecutive week to its lowest level since August of last year. Trump made these remarks at the Future Investment Initiative summit in Miami Beach, where he was discussing the conflict that has been ongoing for nearly a month.