Volatility continues to rattle U.S. stock market.
U.S. authorities are concerned about long-term economic indicators and factors, and the fundamentals in terms of the long term are very strong.
U.S. economy remains strong despite the stock market crash, spokesperson Raj Shah said, Correspondent.net reports quoting Reuters.
“The president, like the rest of the White House, is concerned about long-term economic indicators and factors, and the fundamentals in terms of the long term are very strong”, hesaid.
It was previously announced that the U.S. stock market suffered a steep drop.