Fake Tweet of White House Blasts Roils Markets

A false report of explosions at the White House and injuries to President Barack Obama sent U.S. stocks spiraling Tuesday, but they recovered just as quickly when investors realized it was a hoax.

The Associated Press said hackers broke into the news agency’s Twitter account. The AP Twitter message said, “Breaking: Two explosions in the White House and Barack Obama is injured.”

Within a couple minutes, the most widely watched U.S. stock index, the Dow Jones Industrial Average, …

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