Stocks continued their sell-off on Thursday, with the Dow closing down 546 points. The S&P fell more than 2%, and the Nasdaq dropped over 1%, at one point even entering official "correction" territory.
The bottom line: Volatility was the story. Stocks turned positive early but then the Dow fell as much as 650 points before recovering some ground.
Photo: Gary Coronado/Los Angeles Times via Getty Images
Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.
Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.
Illustration: Eniola Odetunde/Axios
Illustration: Sarah Grillo/Axios
An "infodemic" of misinformation and disinformation has helped cripple the response to the novel coronavirus.
Why it matters: High-powered social media accelerates the spread of lies and political polarization that motivates people to believe them. Unless the public health sphere can effectively counter misinformation, not even an effective vaccine may be enough to end the pandemic.