Zing! As Twitchy reported, the Associated Press’ Twitter account was hacked, and it sent out a tweet claiming explosions at the White House. The Dow immediately plummeted, then rallied.
Wait why would the stock market crash due to that AP tweet?—Conrad Kaczmarek (@ConradKazNBA) April 23, 2013
Asked, and answered. Other Twitter users think they know why:
DOW plunges after fake AP White House bombing tweet. Apparently the only thing worse for this economy is President Biden. #tcot#tiot—Jeffrey Gregg (@IconJBG) April 23, 2013
@ConradKazNBA because even the joke of Joe Biden becoming President hurts the economy.—Cody Williams (@TheSizzle20) April 23, 2013
For a moment, the Dow Jones freaked today thinking Joe Biden might be president. #AP#hacked—Susan A (@fetasue) April 23, 2013
On the other hand, perhaps the algos were reacting to the blood-curdling horror of the phrase, "President Joe Biden." $ES_F—Ellis Wyatt (@EllisWyatt1) April 23, 2013
Not sure if the fake AP tweet crashed the Dow-Jones because of a terrorism scare, or because of fear of a potential President Joe Biden…—Zach (@ZachSerrano) April 23, 2013
“@nytimes: An erroneous tweet from @AP, which was hacked, caused the Dow to drop more than 150 points nyti.ms/12bLlSK” US loves Biden—Ken Harlan (@krharlan14) April 23, 2013
Scariest thing about @AP fake tweet today? Thinking Joe Biden might actually be president for a terrifying few moments. #whitehouse#bogus—Chris Varricchione (@chrisverks) April 23, 2013
@jimiuorio relief rally that Joe Biden won't become president as soon as they feared.—Aileen Markowsky (@AileenMarkowsky) April 23, 2013
Heh. Never change, Twitter.