“A tweet from The Associated Press Twitter account claiming the White House had been bombed caused investors to suddenly push the Dow down more than 100 points in two minutes Tuesday before it became clear the report was untrue and AP’s account had been hacked. Reaction on the stock market was swift, as what had been a mildly positive day on the Dow Jones quickly turned negative, with America’s benchmark stock index losing more than 134 points or more than a full per cent of its value in a matter of seconds. Reports suggest more than $20 billion worth of equity positions changed hands on the New York Stock Exchange during the brief trading hiccup.”
http://www.cbc.ca/news/business/story/2013/04/23/business-ap-twitter.html
Related posts:
Fidelity now allows clients to put bitcoins in IRAs
Refined carbohydrates can trigger food cravings, study says
Glenn Greenwald and other NSA critics to testify before Congress
State of emergency declared as Hollande unveils €2bn job creation plan
The Stocks China’s Rescue Fund Is Buying
U.S. military officers have deep doubts about impact, wisdom of Syria strike
Trump says it will be hard to unify country without a ‘major event’
Phoenix VA Director Given $8,500 Bonus, Rescinded After Complaints
Manchester officials nab five illegal taxis in sting operation
Genetically-modified cyborg dragonflies can be remotely controlled to spy on people
Bitcoin more powerful than fastest supercomputers
Underground Economy Helps Account for Discrepencies in Economic Data
Britain considers banning Internet pornography over ‘corroding’ influence on children
Armed EPA raid in Alaska sheds light on 70 fed agencies with armed divisions
Banks Seek a Shield in Mortgage Rules