Economy

Fuddnik

(8,846 posts)

60. Evil Tweeters

Tue Apr 23, 2013, 04:41 PM

Apr 2013

http://www.nbcnews.com/business/stocks-shake-bogus-tweet-white-house-end-higher-6C9559363

(snip)
But that wasn't the tale of the day. That took place at 1:07 p.m. ET, when a fake tweet from The Associated Press about explosions at the White House injuring President Barack Obama slashed more than 140 points from the Dow. The CBOE Volatility Index — the market's so-called fear gauge — shot higher by 7 percent shortly after the false tweet.

Less than five minutes later, the Dow turned higher again, but not before the whole even rattled Wall Street, Main Street and the media.

At a news conference shortly after the bogus post, White House Press Secretary Jay Carney said, "the President is fine."
(snip)

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