My apologies if this was already posted. Looked, did not see it.
The AP twitter account got hacked and someone tweeted that there were explosions in the White House and that Obama had been injured. Stock market dropped either 128 or 145 points or more than 150 (depending on the source you read) in seconds. Came back up just as quick once AP said they had been hacked.
http://online.wsj.com/article/BT-CO-...googlenews_wsj
Quote:
A false tweet briefly sent financial markets veering on Tuesday, underscoring technology's role in tightly linking global markets and highlighting the potential pitfalls of that reliance on technology.
The Dow Jones Industrial Average and crude-oil briefly plunged Tuesday afternoon and U.S. Treasury bonds prices soared, after a tweet from the Associated Press's Twitter account claimed that there were two explosions in the White House and that President Barack Obama had been injured.
Markets quickly swung back after the Associated Press said on its corporate website that its account had been hacked. The White House confirmed there had been no incident.
The Dow industrials dropped 145 points between 1:08 p.m. EDT and 1:10 p.m., following the erroneous tweet. Stocks soon recovered, regaining broad gains that put the major benchmarks on track for a third day of gains.
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http://thecaucus.blogs.nytimes.com/2...t-white-house/
Quote:
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Through a Twitter account, a group called the Syrian Electronic Army took credit for the attack.
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