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

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:

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New York Stock Exchange before the election
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New York Stock Exchange before the election
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 3, 2016. REUTERS/Brendan McDermid
Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 31, 2016. U.S. stocks rose from a six-week low amid an increase in deal activity as traders assessed the outlook for the presidential election and interest rates in the world's largest economy. Photographer: Michael Nagle/Bloomberg via Getty Images
NEW YORK, NY - NOVEMBER 01: Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. As Wall Street continues to feel election uncertainty, the Dow Jones closes fell more than 100 points. (Photo by Spencer Platt/Getty Images)
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Nov. 4, 2016. U.S. stocks fluctuated amid payrolls data that bolstered speculation the economy is strong enough to weather higher interest rates, while investors remained wary before the looming presidential election. Photographer: Michael Nagle/Bloomberg via Getty Images
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Nov. 4, 2016. U.S. stocks fluctuated amid payrolls data that bolstered speculation the economy is strong enough to weather higher interest rates, while investors remained wary before the looming presidential election. Photographer: Michael Nagle/Bloomberg via Getty Images
NEW YORK, NY - NOVEMBER 01: Traders work on the floor of the New York Stock Exchange (NYSE) on November 1, 2016 in New York City. As Wall Street continues to feel election uncertainty, the Dow Jones closes fell more than 100 points. (Photo by Spencer Platt/Getty Images)
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 31, 2016. U.S. stocks rose from a six-week low amid an increase in deal activity as traders assessed the outlook for the presidential election and interest rates in the world's largest economy. Photographer: Michael Nagle/Bloomberg via Getty Images
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Markets

NASDAQ 6,875.80 13.48 0.20%
S&P 500 2,662.85 -1.26 -0.05%
DJIA 24,585.43 80.63 0.33%
NIKKEI 225 22,663.85 -94.22 -0.41%
HANG SENG 29,216.12 -5.98 -0.02%
DAX 13,125.64 -57.89 -0.44%
USD (per EUR) 1.18 0.00 -0.02%
USD (per CHF) 0.98 0.00 -0.09%
JPY (per USD) 112.63 -0.15 -0.13%
GBP (per USD) 1.34 0.00 0.22%

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