U.S. stocks were briefly spooked this morning following social media reports of an explosion near the Pentagon.
Interestingly, the social platforms even flooded with images of the said explosion that resulted in a significant albeit not durable market sell-off.
The S&P 500 index has now recovered and stabilised, though, since none of the major media outlets confirmed the incident. Images of the explosion have been debunked as fakes, generated with the help of artificial intelligence.
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