Coronavirus Updates: Wall Street Tumbles, Trump Eyeing Disaster Declaration

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A trader has his head in his hand on the floor of the New York Stock Exchange, Thursday, March 12, 2020. The stock market had its biggest drop since the Black Monday crash of 1987 as fears of economic fallout from the coronavirus crisis deepened. The Dow industrials plunged more than 2,300 points, or 10%. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/Richard Drew)
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A trader has his head in his hand on the floor of the New York Stock Exchange, Thursday, March 12, 2020. The stock market had its biggest drop since the Black Monday crash of 1987 as fears of economic fallout from the coronavirus crisis deepened. The Dow industrials plunged more than 2,300 points, or 10%. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/Richard Drew)

The coronavirus is not only causing ill effects on human health, it is also wreaking havoc on the US stock market. Wall Street recorded its the worst day since the 1987 crash.

President Trump once called the coronavirus a “Democrat hoax” but is now eyeing the issue of a disaster declaration to release federal resources to states. Trump himself may have been exposed to COVID-19 when hosting Brazilian officials at Mar-A-Lago.

Click ▶️ to listen to AURN Washington Bureau Chief April Ryan’s White House Report:

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