Hacked Associated Press Twitter Account Sends Markets Falling
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U.S. markets sank and recovered over a span of seconds after a false report on the Twitter account of the Associated Press said there had been explosions at the White House, injuring President Obama.
The Dow Jones Industrial Average and the Standard & Poor’s 500 Index each fell about 1% before rebounding. A separate Twitter account operated by the AP’s corporate communications team followed up minutes later with its own message: “That is a bogus @AP tweet.”
The news agency may be the latest victim in a series of hacking cases against news outlets, including The New York Times and the Wall Street Journal. The errant tweet spooked investors eight days after two explosions struck the Boston Marathon, killing three people and wounding more than 200. U.S. authorities brought charges against Dzhokhar Tsarnaev yesterday for the attack.
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