Dow Tumbles 913 Pts After Trump’s Insane Briefing

CNBC reports:

Stocks attempted to rally on Friday, but failed, concluding one of the most volatile weeks on Wall Street ever as investors grapple with mounting fears over the coronavirus’ economic blow.

The Dow Jones Industrial Average closed 913 points lower, or more than 4%, after rallying more than 400 points earlier in the day. The S&P 500 slid 4.4%. The Nasdaq Composite closed 3.8% lower after jumping more than 2%.

Among the other factors weighing down the market once again Friday afternoon were a stay-at-home order for New York State, a swift reversal in crude prices and a strengthening dollar.

You can see on the graph above that the red portion began literally minutes after the start of today’s insane task force briefing.