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(Image from article: "Hackers Gained Access to Nasdaq Systems, but Not Trades")

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How a phony tweet and computer trades sank stocks

Stock Market - AP

For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble. No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks - eventually unloading $134 billion worth. Turns out, some investors are not only gullible, they're impossibly fast stock traders.

 

Hackers Gained Access to Nasdaq Systems, but Not Trades

Hackers Gained Access to Nasdaq Systems, but Not Trades

Hackers have repeatedly breached the systems of the company that runs the Nasdaq, according to several law enforcement officials.

 

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