market reaction to space shuttle incident

Quote from marketsurfer:

does the space shuttle incident increase the uncertainty and fear in the equity markets OR will there be a patriotic rally on monday ?? my system placed me FLAT entering the open on monday.

let's go do what happens,

surfer:)

One of my co-authors and I once thought of doing a paper on how the stock market reacted to events of this nature (or there anniversaries.) Preliminary analysis showed days of mourning tended to have negative stock market returns. We didn't go beyond that though.
 
no reaction that I can discern relating to said incident...

wouldn't call this early rally "patriotic"... more like a st oversold bounce.
 
Quote from iceman1:

no reaction that I can discern relating to said incident...

wouldn't call this early rally "patriotic"... more like a st oversold bounce.

Ceteris paribus, there probably would be a down day, but all else is hardly ever equal.
 
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