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False White House Tweet Causes Brief Market Upheaval

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False White House Tweet Causes Brief Market Upheaval
AIRED:
There was momentary pandemonium in the financial markets on Tuesday after a false tweet, purportedly from the Associated Press, said there had been an explosion at the White House, injuring U.S. President Barack Obama. Volatile price moves ricocheted through markets, affecting stocks, bonds, currencies and commodities when the tweet surfaced. When it became clear that the tweet was fake, equities rebounded and more than recovered their losses.moreless
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