The Dow Jones Industrial Average went up 1,000 points while President Trump declared a national emergency to combat the spread of the coronavirus.
Trump gave the speech on Friday as at least 1,700 people have gotten the virus in the United States and testing has been difficult for people to access. The Dow rose from a low of 21,741 to 22,856 during the speech.
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On Wednesday, the president gave an address that failed to quell the unrest in the stock market. The Dow ended up dropping 1,100 points at the open of the day.
Trump said in his Wednesday address that he would be shutting down travel from Europe into the U.S.
Globally, at least 125,000 people have contracted the coronavirus, with more than 5,000 deaths.
