Dow Jones drops 300 points on news that Flynn charged in Mueller probe

Tatiana Pile

Stocks fell sharply on Friday after news that former U.S. national security adviser Michael Flynn had been charged for lying to the FBI about his communications with Russia.

The Dow Jones plummeted by more than 300 points.

Related: Michael Flynn pleads guilty to lying to FBI

A document filed in federal court Thursday lists a number of false statements that Flynn is accused of making regarding his interactions with Russian ambassador Sergey Kislyak in late December 2016.

Flynn released a statement that said, "My guilty plea and agreement to cooperate with the Special Counsel's Office reflect a decision I made in the best interests of my family and of our country. I accept full responsibility for my actions."

"Markets don't like uncertainty and this is the ultimate uncertainty," Jeremy Klein, chief market strategist at FBN Securities, told CNBC.

RELATED: Check out the New York Stock Exchange before the election:

Advertisement