Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Stocks Briefly Collapse On False Tweet From AP

Sam RoApr 23, 2013, 22:45 IST

Whoa. Major volatility in the markets.

After being up strongly for much of the morning, stocks collapsed following a false tweet from the AP with the text "Breaking: Two Explosions in the White House and Barack Obama is injured."

This report was quickly denied, and people from the AP have now clarified that their Twitter account had been hacked.

Markets came all of the way back after that.

Here's a look at the Dow via Bloomberg. The Tweet was sent at 1:07 PM ET.

Bloomberg