AP Twitter hack sends Dow down 1 percent

U.S. stocks recovered after benchmark indexes briefly erased U.S. stocks recovered after benchmark indexes briefly erased their gains in a matter of minutes following a post on Twitter from the Associated Press. (Oct. 4, 2012) Photo Credit: Getty Images

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U.S. stocks recovered after benchmark indexes briefly erased their gains in a matter of minutes following a post on Twitter from the Associated Press saying there had been explosions at the White House.

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The AP said their Twitter account had been hacked and there was no explosion.

The S&P 500 was up 1 percent at 1,578.42 at 1:17 p.m. in New York after briefly dipping as low as 1,563. An AP White House correspondent said in a post on Twitter that the news agencys account had been hacked and there was no explosion.

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