Market Overview

Associated Press Twitter Account Hacks the Market

Associated Press Twitter Account Hacks the Market
Related SPY
US, China Announce New Tariffs: Wall Street Reacts
This Bull Is Old, But It's Not Dead Yet
The Morning After (Seeking Alpha)
Related BROAD
FOMC Statement From July 29 to July 30
Euro Hangs In The Balance As Fed Meeting Gets Underway

At approximately 1:08PM EST Tuesday, a tweet from the Associated Press' official twitter account came out stating that the White House had been the target of a bombing and that President Obama had been injured.

S&P futures plummeted 16 points while the Dow Jones spiked downwards, dropping as much as 166 points over the course of a few seconds.

Since then, markets have recovered to their pre-release levels.

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.

Twitter users looking to access the Associated Press' account are now met with a blank page saying the account has been suspended.

Minutes later 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.

Stock chart: 
Stock chart

Posted-In: Associated Press Jay Carney ObamaNews Hot Markets Movers Tech Best of Benzinga


Related Articles (SPY + BROAD)

View Comments and Join the Discussion!

Manage or Eliminate Student Loan Debt with IBR

Technical Forecast for Aluminium