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23 Apr 2013
Wall Street advances for third day after 'bogus' hypo
FXstreet.com (San Francisco) - US stocks market closed sharply higher on Tuesday as investors were trading with confidence on the back of strong corporate earnings. All three major US indexes add more than 1% but market was afraid of a AP fake tweet on bombs in the White House.
AP confirmed its Twitter account was hacked, the company said the tweet was "bogus." Wall Street collapsed briefly on the news, however after clarifications the indexes resumed their uptrend.
The Dow Jones added 152.29 points or 1.05% to end the day at 14,719.46. The S&P 500 advanced 16.28 points or 1.04% to 1,578.78. The Nasdaq Composite climbed 35.78 points or 1.11% to 3,269.33.
AP confirmed its Twitter account was hacked, the company said the tweet was "bogus." Wall Street collapsed briefly on the news, however after clarifications the indexes resumed their uptrend.
The Dow Jones added 152.29 points or 1.05% to end the day at 14,719.46. The S&P 500 advanced 16.28 points or 1.04% to 1,578.78. The Nasdaq Composite climbed 35.78 points or 1.11% to 3,269.33.