Hacked AP Twitter Account Tweets Explosion at the White House
The tweet which originated from a fake news agency was quickly reversed when it was proven false when the AP said its twitter account was hacked.
White House Press Secretary Jay Carney said, “the President is fine” despite what the hacked Twitter feed said.
However, the market impact was already intense. On the floor at the Chicago Mercantile Exchange, traders quickly traded on the tweet, selling S&P futures and buying Treasury 10-year futures. For several minutes, the floor was a flurry of activity, as it was in trading rooms across Wall Street, until the Associated Press tweeted that its account had been hacked.
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