The market weighs in.
The horrible events in Paris happened after markets had closed. An impression is sure to be made, but it should be limited and temporary. Unless liquidity or earnings are threatened, markets tend not to be steered off-course by terror.
Those are very real possibilities, but they’re not currently relevant. The 2012.00 target of Friday’s decline was only attacked intraday to within 5 points, but it was met after the close as reports arrived. I’ll be comparing the effects to that level.
Wishing all the best to Paris and to Europe…
Monitor overnight Globex action at this link.
