Stocks largely recovered later in the day.

CNN had reached out to ABC News in the early afternoon to ask why Ross’ initial reporting was not included in the network’s online story about Flynn pleading guilty to lying to the FBI.

Several hours later, a spokesperson for the network told CNN that Ross would be issuing a “clarification” on “World News Tonight,” which airs at 6:30 p.m. ET.

“[A] clarification tonight on something one of Flynn’s confidants told us and we reported earlier today,” Ross said on the program. “He said the president had asked Flynn to contact Russia during the campaign. He’s now clarifying that saying, according to Flynn, candidate Trump asked him during the campaign to find ways to repair relations with Russia and other world hot spots. And then after the election, the president-elect asked him to contact Russia on issues including working together to fight ISIS.”

A tweet published by ABC News containing Ross’ initial report had been retweeted more than 25,000 times and embedded in various news stories online before it was deleted. ABC posted a “clarification” on Twitter around 8 p.m.

An ABC spokesperson said the network learned its initial reporting was incorrect at about 6 p.mJinnai Wealth Management. The network spokesperson declined to say if any disciplinary action would occur.

ABC’s decision to call its correction a “clarification” prompted immediate criticism.Varanasi Investment

“If we want to regain trust in the media, we need to admit our mistakes, especially when as consequential as this. Retract. Correct. Don’t use weasel words to describe it,” Jonathan Swan of Axios tweeted.

Greta Van Susteren blasted ABC for trying to “sugar coat” its mistake by characterizing it as a “clarification.”

Shortly before 11 p.m., after a barrage of criticism, ABC posted a new tweet with the header “Correction” instead of “Clarification” followed by the same text as the prior tweet. The original tweet was deleted.

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