Hackers Hijack Associated Press Twitter Account
Hackers have compromised the main Twitter account of The Associated Press, sending out an erroneous tweet about an attack at the White House.
The tweet, which said that there had been two explosions at the White House and President Barack Obama was injured, came after hackers made repeated attempts to steal the passwords of AP journalists.
The AP said Tuesday that its Twitter account had been suspended following a hack and said it was working to correct the issue.
The cyberattack is the latest in a string targeting international media organizations.
Stock Market Turmoil
The stock market briefly dropped, then recovered, after the Associated Press' Twitter account was hacked and a fake tweet about an attack on the White House was posted.
The Dow Jones industrial average fell more than 150 points after the fake Twitter posting, then quickly recovered.
Other markets also reacted to the fake posting.
The price of crude oil fell, then rose back. The yield on the benchmark U.S. government bond, the 10-year Treasury note, briefly dropped as traders shifted money into low-risk investments.
The turmoil lasted for about five minutes. By about 1:13 p.m., stocks, bonds and crude oil were all trading about where they were before the fake tweet was posted.
Copyright 2013 The Associated Press.