Associated Press Twitter Account Hacks the Market

This afternoon a tweet from the Associated Press came out stating that The White House had been the target of a bombing, and that President Obama had been injured. Following the tweet, Twitter promptly shut down the Associated Press twitter account, and seconds later a tweet came out saying that the AP account had been hacked On the news the S&P futures fell 16 points while the Dow Jones spiked downwards 166 points over the course of a few seconds. Since then, markets have recovered to their pre-tweet levels. In a press conference, White House spokesman Jay Carney quickly came out with a statement saying that President Obama was fine and that no bombing had occurred at the White House.