How one tweet wreaked havoc on the stock market
: man apr 07, 2025 9:02 pm
Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed, rapidly rising for a brief […]
Source: https://techcrunch.com/2025/04/07/how-o ... ck-market/
Source: https://techcrunch.com/2025/04/07/how-o ... ck-market/