Misinformation Sparks Stock Market Frenzy as Trump Tariff Pause Claims Denied
A false headline about Trump pausing tariffs sent U.S. markets soaring briefly before crashing as White House denies the claim.

Summary
A false report claiming President Trump was considering a 90-day pause on tariffs sent U.S. stock markets surging before crashing once the White House denied the claim. Investors reacted rapidly to the unverified news shared by finance-focused accounts on X, briefly reversing a prior sell-off. An overwhelming market response was seen after a misleading mention on CNBC. As rapid corrections became necessary, the incident highlights the dangers of misinformation propagating through social media, especially with the controversial tariff policies currently in play. Financial outlets acknowledged their roles in amplifying the erroneous report, raising concerns about unverified news dissemination.
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