President Donald Trump is "very calm" about the stock market, as U.S. equities dropped further on Monday, White House economist Larry Kudlow told reporters. "He was very calm about the market," said the director of the National Economic Council, adding "it is what it is." Trump spoke with other G-7 leaders Monday as the coronavirus pandemic continued to disrupt life in the U.S. and other countries, and drive stocks down. The Dow Jones Industrial Average DJIA, -0.87% was off about 7% early Monday afternoon.