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U.S. stocks briefly erase all gains after fake AP tweet on Obama
MarketWatch ^ | 4/23/13 | MarketWatch

Posted on 04/23/2013 11:39:27 AM PDT by illiac

The U.S. stock market plunged in early afternoon trading Tuesday, briefly wiping out a triple-digit advance by the Dow Jones Industrial Average DJIA +0.77% , after a fake tweet appeared on the Associated Press’s twitter feed describing a terror attack on the White House. During the momentary plunge, the Dow turned negative, falling 12 points, after being up more than 135 points. It quickly rebounded and was lately up 120 points.

(Excerpt) Read more at blogs.marketwatch.com ...


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: email; obama; terrorist
AP at it again...
1 posted on 04/23/2013 11:39:27 AM PDT by illiac
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To: illiac

Wall Street panicked because they thought QE3, QE4 and QE5 had just gone out the window.


2 posted on 04/23/2013 11:41:45 AM PDT by Cowboy Bob (Democrats: Robbing Peter to buy Paul's vote.)
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To: illiac

Stop sweep. Big boys took it down, and reloaded for a double whammy today


3 posted on 04/23/2013 11:46:48 AM PDT by woodenickel
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To: illiac
Test phase.
Now they know the reaction to a real event.
4 posted on 04/23/2013 11:47:24 AM PDT by grobdriver
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To: illiac

LOL


5 posted on 04/23/2013 11:53:17 AM PDT by sickoflibs (To GOP : Any path to US citizenship IS putting them ahead in line. Stop lying about your position.)
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To: illiac

I’d be more likely to buy stocks if I thought the biggest drain on the US economy in history would no longer be a problem. I’m surprised stocks didn’t go up.


6 posted on 04/23/2013 11:56:07 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: sickoflibs

Why is this funny?


7 posted on 04/23/2013 11:59:36 AM PDT by Dog (Founding member of the Osama Bin Laden was alive the whole time club..)
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To: illiac

Well, I’m sure it knocked a few people off their stops.


8 posted on 04/23/2013 12:04:25 PM PDT by Cyber Liberty (I am a dissident. Will you join me? My name is John....)
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To: Cowboy Bob

Wow, I never thought of that. If there was a rumor of an attack on the Federal Reserve, the dollar jump a record amount.


9 posted on 04/23/2013 12:04:51 PM PDT by nickcarraway
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To: illiac

...after a fake tweet appeared on the Associated Press’s twitter feed describing a terror attack on the White House...


I won’t say it... nope, no matter the temptation, I won’t....


10 posted on 04/23/2013 12:05:08 PM PDT by ScottinVA (Gun control: Steady firm grip, target within sights, squeeze the trigger slowly...)
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To: Pollster1

What was that Steve Wynn from Las Vegas said? Obama’s the single biggest wet blanket on the economy?


11 posted on 04/23/2013 12:06:00 PM PDT by Cyber Liberty (I am a dissident. Will you join me? My name is John....)
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To: illiac

No comment


12 posted on 04/23/2013 12:06:43 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: illiac

Yeah, that always happens in a real bull market when the fundamentals are sound. /s


13 posted on 04/23/2013 12:09:51 PM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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"Dishonesty and incompetence so often goes hand in hand, because one is used to hide the other"...

Does That Describe This Man?

Donate

14 posted on 04/23/2013 12:15:12 PM PDT by DJ MacWoW (My faith and politics cannot be separated)
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To: grobdriver

BINGO!! TESTING....TESTING...


15 posted on 04/23/2013 1:04:18 PM PDT by browniexyz
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