Stocks Plunge, Recover, After Fake Tweet of Attack on White House

Hackers sent fake tweet about explosions injuring the president

Tuesday, Apr 23, 2013  |  Updated 9:00 PM PDT
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Stocks Recover After Fake Attack Tweet, Dow Up 152

An erroneous tweet was sent out by the AP's Twitter account after it was hacked on Tuesday, April 23.

Hackers compromised Twitter accounts of The Associated Press on Tuesday, sending out a false tweet about an attack at the White House.

The false tweet said there had been two explosions at the White House and that President Barack Obama was injured. The attack on AP's Twitter account and the AP Mobile Twitter account was preceded by phishing attempts on AP's corporate network.

The AP confirmed that its Twitter account had been suspended following a hack and said it was working to correct the issue. The fake tweet went out shortly after 1 p.m. and briefly sent the Dow Jones Industrial Average sharply lower.

The Dow Jones industrial average plunged about 150 points after the tweet but immediately recovered. The Dow was up more than 150 points at the closing bell.

A Securities and Exchange Commission spokeswoman declined comment on the incident.

AP spokesman Paul Colford said the news cooperative is working with Twitter to investigate the issue. The AP has disabled its other Twitter accounts following the attack, Colford added.

White House spokesman Jay Carney said the President is fine. "I was just with him," Carney said at a news briefing.

A representative for Twitter did not immediately return messages for comment.

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