Why stocks have hardly blinked despite 2 weeks of rocky headlines: Morning Brief

Published On Oct 4, 2024, 6:00 AM

Despite recent negative headlines regarding geopolitical tensions and labor strikes, stock markets have shown remarkable resilience. The S&P 500, Nasdaq, and Dow have all experienced minimal declines, remaining close to all-time highs. Analysts suggest that concerns over escalating conflicts, such as the situation in the Middle East, and domestic strikes could impact economic growth but are not currently causing significant market disruption. They believe that expected supportive policies, like potential interest rate cuts from the Federal Reserve, could outweigh these risks and help the markets to continue their upward trajectory.