On Friday, President Donald Trump officially called a national emergency to deal with the ongoing threat of the coronavirus. This is the latest in a series of escalating steps that have been taken to deal with the ongoing crisis.
At his extensive news conference on Friday, the President made a serious of announcements, including the expansion of test kits by 50,000 by the early part of the week. He included presentations by major business leaders and his coronavirus task force. All the positive action spurred the largest point gain in history for the Dow Jones Industrial Average, surging 9.4% or 1,981 points on Friday.