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Fox News: Sorry About That Stock Report

The graphic aired Friday on 'Special Report with Bret Baier'
By Newser Editors and Wire Services
Posted Jun 6, 2020 5:00 PM CDT

(Newser) – Fox News apologized Saturday for how it displayed a chart correlating the stock market's performance with the aftermath of the deaths of George Floyd, Martin Luther King Jr., and Michael Brown, the AP reports. The graphic that aired Friday 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," the cable channel said in a statement. The apology followed a sharp backlash to the Special Report with Bret Baier segment. Rep. Bobby Rush (D-Illinois) tweeted that the graphic makes it clear that Fox News "does not care about black lives," while Michael Steele, former Republican National Committee chair, was no less clear.

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"This is how they mourn the loss of black men at #FoxNews—by how much the stock market goes up," Steele posted. Baier retweeted Fox’s apology without further comment. The chart included on Special Report illustrated gains made by the S&P 500 index after King's assassination in 1968; the Ferguson, Missouri, police shooting of 18-year-old Michael Brown in 2014; and the May 25 death of Floyd while in Minneapolis police custody. It also measured the financial yardstick against the 1991 acquittal of Los Angeles police officers in the beating of Rodney King. It was shown as part of a segment with Fox News and Fox Business reporter Susan Li focusing on the market rally that followed an unexpectedly lower number of jobless claims.

(Read more Fox News stories.)

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