Trump says he thought the Iran war would hit stocks harder than it did

The president said he expected the S&P 500 and the Dow to fall 20% and oil to hit $200 a barrel due to the war with Iran

Michael Nagle / Bloomberg via Getty Images

President Donald Trump said he was surprised by how well the stock market held up during the war with Iran, telling CNBC's "Squawk Box" on Tuesday that he had expected the S&P 500 and the Dow Jones Industrial Average to fall by 20%.

"I thought they'd be down ... a very substantial amount," Trump said. "When it was down more a couple of weeks ago, I was surprised. I thought it would be down much more, and I thought the oil would be much........

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