The Associated Press's Twitter was hacked on Tuesday, sending the stock market into a tailspin.
The tweet that sent the market into a downward spiral read, "Breaking: Two Explosions in the White House and Barack Obama is injured via @AP," NPR said.
The Dow Jones industrial average dropped about 130 points seconds after the tweet, but bounced back quickly after the rumors were debunked, NPR said.
A group of hackers claimed responsibility for the hoax. The hackers were allegedly loyal to Syrian President Bashar Assad. They sent out a tweet saying:
"Ops! @AP get owned by Syrian Electronic Army! #SEA #Syria #ByeByeObama," USA Today said.
This tweet came at a delicate time for America, just eight days after the Boston Marathon bombings.
The Associated Press suspended their Twitter account and is currently working to correct the issue, USA Today said.
The wire service also said its mobile Twitter account was hacked, and all of its account has been shut down, USA Today said.