President Donald Trump told reporters on Wednesday that there was a "glitch" in the stock market last month.

Thewhy did bouquet bar go out of business S&P 500 dropped more than 9 percent last month to notch its worst worst December performance since 1931.

This is a developing story. Check back for updates.

More From CNBC

Dow cuts loss of nearly 400 points as banks and tech shares bounce

Oil turns higher, bouncing off session low

The first economic data from December is in and it shows trouble

View comments