President Trump pointed to gains in the stock market on Thursday as evidence of a strong economy under his presidency, imploring Americans to check how their “409K’s” were doing in an apparent typo in a since-deleted tweeted referencing 401(k) retirement funds.
In a tweet Thursday morning, the president pointed to the Dow approaching another all-time high, tweeting: “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 409K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?”
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The erroneous reference to “409ks” — which appeared to be a typo — quickly drew fire on social media, with critics of Trump mocking the president for his early-morning mixup.
“My 409K sucks. It’s apparently doesn’t even exist,” tweeted GOP strategist and frequent Trump critic Rick Wilson.
“I guess you have to be in the elite to have a 409k,” added Cheddar editor-in-chief Jim Roberts.
“409K? The constant typos matter. They underline Trump’s lifelong inability to focus on details,” tweeted MSNBC host Lawrence O’Donnell.
Trump later deleted and reissued the tweet, this time without the typo.
Under Trump, the stock market, while approaching record-high total numbers, has yet to outpace percentage gains made under previous presidents including Barack Obama and Bill Clinton.
Updated at 11:10 a.m.