03/12/2020

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.

Please select this link to read the complete article from CNN.