How one tweet wreaked havoc on the stock market

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 […]

Apr 7, 2025 - 22:16
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How one tweet wreaked havoc on the stock market
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 […]