Fake Tweet Shows Peril Of Algo-Driven World

The Wall Street Journal- April 23,2013

A fake tweet is apparently all it takes these days to briefly send financial markets into disarray…But the damage had been done. The Dow Jones Industrial Average dropped 145 points between 1:08 p.m. EDT and 1:10 p.m., following the fake tweet.

It roiled the markets, drove stocks to retreat-
A SINGLE , malicious, unfounded Tweet.

Leave a Comment

Previous post:

Next post: