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Stocks Turn Volatile After “Bogus” AP Report

*from www.reuters.com, April 23, 2013 (To view original article click here.)

Take Away #1: Stocks turned volatile on Tuesday, sharply cutting gains for a few minutes after a “bogus” Associated Press report about explosions at the White House.

Key Facts and Figures:

  • An AP tweet, which an AP spokesman says was “bogus”, had said there were two explosions at the white house.
  • Stocks bounced back after the “bogus” tweet caused stocks to sharply decline.
  • The Dow Jones Industrial Average was up 134.70 points, or 0.92%, at 14,701.87.
  • The S&P 500 Index was up 16.02 points, or 1.03%, at 1,578.52.
  • The Nasdaq Composite Index was up 39.04 points, or 1.21%, at 3,272.59.

*To view original article from www.reuters.com click here.

Filed in: Latest, Markets

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