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CNBC FAKE NEWS HEADLINE Sends Markets Soaring Then Spiraling 1000s In Just Minutes

Monday, April 7, 2025 11:25

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he US stock market just gained and lost several trillion dollars of market cap in a matter of minutes due to a fake headline claiming that Trump was considering a pause on tariffs.

Trillions, lost, found, lost. Hold the line.

You just saw evidence the fluctuations in the market are an illusion.

INSANE market action right now. Market exploded higher on a headline attributed to Kevin Hassett. And now nobody can figure out where it came from and the markets are diving again.

An 8% surge and then a 3.5% plunge in a matter of seconds pic.twitter.com/HAcWqgrrch

— Joe Weisenthal (@TheStalwart) April 7, 2025

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S&P adding and erasing $2.5 trillion in under an hour on a fake rumor. Close the markets. pic.twitter.com/RVjpIiWlUb

— Morning Brew (@MorningBrew) April 7, 2025

Just witnessed the biggest US market manipulation in real time, based on fake news. NASDAQ moved more than 1000 points on the “90-day pause on tariffs” fake news in less than 10 minutes!

— Maggie (@maggynduati) April 7, 2025

White House dismisses rumor that led markets to jump: ‘Fake News

By: The Hill, April 7, 2025:

The White House pushed back on the idea that President Trump is considering a 90-day pause on tariffs as “fake news” after it spread on social media and caused the stock market to jump.

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“Wrong. Fake News,” the White House said on X, sharing a post that Trump is reportedly expecting to do a pause.

A White House official also told The Hill “fake news” when asked about the reports.

The social media action began when a user on X, Walter Bloomberg, posted that Kevin Hassett, director of the National Economic Council, said Trump is considering a 90-day pause on all countries except China. The post caused major moves on the stock market, with a surge followed by a plunge within seconds.

The report appeared to be an incorrect interpretation of a Hassett interview on Fox News earlier that day. Before markets opened, Hassett was asked if Trump would consider doing a 90-day pause, and he punted on the question.

“I think the president is going to decide what the president is going to decide,” Hassett said.
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Continued……

Source: https://gellerreport.com/2025/04/cnbc-fake-news-headline-sends-markets-soaring.html/

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