May 17, 2018

Trump congratulates America on 1 year anniversary of Mueller's "Witch Hunt"

President Trump marked the one year anniversary of Special Counsel Robert Mueller's Russia investigation with a tweet "congratulating America" for entering into the second year of "the greatest Witch Hunt in American History."

Don't forget: Trump's lawyers had initially said, over and over again, that the investigation would be wrapped up by the end of 2017. We're now a year in, and Mueller's probe could well go on for another few months. Meanwhile, Trump hasn't changed his story — he insists there was no collusion and no obstruction, and maintains the whole investigation is a witch hunt against him.

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Dow falls 1,000 points as coronavirus cases spike

Photo: Johannes Eisele/AFP via Getty Images

Wall Street had its worst day in two years on Monday, following a spike in coronavirus cases in South Korea and Italy. The S&P 500 fell 3.3%, the Nasdaq Composite fell 3.7% and the Dow Jones Industrial Average sunk 1,030 points (3.5%).

The big picture: This is the U.S. stock market's biggest reaction thus far to the coronavirus, which has largely shrugged it off as a threat to the global economy (though the bond market has not). While the S&P is down from record highs — which it notched last week — the index is still above lows touched earlier this year.

This story is breaking news. Please check back for updates.

WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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