Trump Address Sparks Chaos as Coronavirus Crisis Deepens
Flux seems to be the "new norm"
President Donald Trump set out to steady a rattled nation and a diving economy in a solemn Oval Office address, but instead sowed more confusion and doubts that he is up to handling the fast-worsening Coronavirus crisis. Trump spoke to the nation at a fearful moment, when the rhythms of everyday American life are starting to shut down -- with schools closing, the NBA suspended, hospitals on high alert and movie icon Tom Hanks saying he and his wife have the disease.
"The virus will not have a chance against us. No nation is more prepared or more resilient than the United States," Trump said, before painting a rosy picture of an economy that is already taking a beating from the virus fallout.
The New York Stock Exchange halted trading for 15 minutes after the S&P 500 fell 7 percent on Thursday morning.
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