Fox News Apologizes For Infographic That Showed Stock Market Reactions After Martin Luther King Assassination, Racial Unrest
on Friday that showed historic stock market reactions to racial unrest sparked by the assault or killing of African American men.Jr., the acquittal of police officers in the Rodney King case, and the deaths of Michael Brown and George Floyd. to illustrate market reactions to historic periods of civil unrest should have never aired on television without full context. We apologize for the insensitivity of the image and take this issue seriously.
As the graphic was shown, Li said, “Despite the nationwide protests this week, historically there has been a disconnect between what investors focus on and what happens across the rest of the country. For instance, in 1968, the week after the tragedy of Martin Luther King, the S&P 500 rose over 2%, also up the week after the Rodney King ruling, and Wall Street trading on the reopening instead, this year in 2020.”This is absolutely outrageous and disgusting.
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