Associated Press Hacked. Markets react to false tweet!

The S&P plunged within minutes early this afternoon, after somebody hacked an AP Twitter account and posted a bogus tweet saying the White House had been attacked and President Obama was injured. Bonds rallied a full handle and then bounced back just as quickly as it became obvious that the “news” was false and quickly recovered.

Update 4/23/2013 :12:50 CST:  Syrian Electronic Army have already claimed responsibility!

View an animated replay of the crash here:

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