Connect with us

Hi, what are you looking for?

World

Fox News apologizes for chart of stock gains after black killings

-

Fox News has apologized for airing a graphic showing how stock markets had responded after high-profile acts of violence against black men, including the assassination of Martin Luther King Jnr and the recent killing of George Floyd.

The chart appeared Friday on "Special Report with Bret Baier" and showed how markets had risen after the 1968 killing of the civil rights leader, the acquittal of police involved in the 1991 beating of Rodney King, and the deaths of teenager Michael Brown in 2014 and Floyd.

"The infographic used on FOX News Channel's Special Report to illustrate market reactions to historic periods of civil unrest should have never aired on television without full context," the cable channel said in a statement Saturday retweeted by Baier without comment.

"We apologize for the insensitivity of the image & take this issue seriously."

The chart stirred outrage at a time when thousands of people nationwide have taken part in mass protests against racism and police brutality following the death of Floyd at the hands of a white officer.

"This graphic makes it clear that @FoxNews does not care about black lives," Illinois Congressman Bobby Rush said on Twitter.

"This is how they mourn the loss of black men at #FoxNews -- by how much the stock market goes up. What. The. Hell!," former Republican National Committee chair Michael Steele tweeted.

Other media have pointed out that financial markets tend to rebound after periods of social unrest, including Fortune magazine.

Fox News has apologized for airing a graphic showing how stock markets had responded after high-profile acts of violence against black men, including the assassination of Martin Luther King Jnr and the recent killing of George Floyd.

The chart appeared Friday on “Special Report with Bret Baier” and showed how markets had risen after the 1968 killing of the civil rights leader, the acquittal of police involved in the 1991 beating of Rodney King, and the deaths of teenager Michael Brown in 2014 and Floyd.

“The infographic used on FOX News Channel’s Special Report to illustrate market reactions to historic periods of civil unrest should have never aired on television without full context,” the cable channel said in a statement Saturday retweeted by Baier without comment.

“We apologize for the insensitivity of the image & take this issue seriously.”

The chart stirred outrage at a time when thousands of people nationwide have taken part in mass protests against racism and police brutality following the death of Floyd at the hands of a white officer.

“This graphic makes it clear that @FoxNews does not care about black lives,” Illinois Congressman Bobby Rush said on Twitter.

“This is how they mourn the loss of black men at #FoxNews — by how much the stock market goes up. What. The. Hell!,” former Republican National Committee chair Michael Steele tweeted.

Other media have pointed out that financial markets tend to rebound after periods of social unrest, including Fortune magazine.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

World

US President Joe Biden delivers remarks after signing legislation authorizing aid for Ukraine, Israel and Taiwan at the White House on April 24, 2024...

World

AfD leaders Alice Weidel and Tino Chrupalla face damaging allegations about an EU parliamentarian's aide accused of spying for China - Copyright AFP Odd...

Business

Meta's growth is due in particular to its sophisticated advertising tools and the success of "Reels" - Copyright AFP SEBASTIEN BOZONJulie JAMMOTFacebook-owner Meta on...

World

Iran's supreme leader Ayatollah Ali Khamenei leads prayers by the coffins of seven Revolutionary Guards killed in an April 1 air strike on the...