Stocks briefly drop, recover, on fake bomb tweet
By give 1:13 p. m. , stocks, bonds and crude oil were all trading almost where they were before the fake tweet was posted. Makers of handbags, jet planes and chemical products all turned in shapely results for the first quarter, reviving investors' confidence after a cutting downturn in the stock market last week. The Dow Jones industrial middling fell more than 150 points after the humbug Twitter posting, then quickly recovered. The AP released the following communiqu at 1:12 p. m. EDT: "The (at)AP twitter account has been hacked. Other markets also reacted to the sham posting. The stock market started higher Tuesday following etched earnings across a range of U. S. industries. The price of crude oil flatten, then rose back.