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Stocks snap after Michael Flynn entering guilty plea in connection to Russia probe

SPX News by Newsroom on 11:43 December 01, 2017 EST

Stocks flash crashed during Friday afternoon trading. Dow shed as many as 350 points on report that Michael Flynn was directed by Trump to talk to Russians.

The SP 500 lost almost 50 points in a matter of minutes while USDCHF also shed more than 1 cent at the same time, USD/JPY also tumbled and droped more than 100 pips on Russiagate.

The dollar however remains fairly stable against both the euro and the pound.