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  • The Atlantic

    Stocks Don't Care About the Coup

    As the Capitol rocked, capital shrugged. How can that be?
    by Annie Lowrey Jan 17, 2021 3 minutes
    Source: Getty / The Atlantic

    Armed insurrectionists stormed the Capitol, chasing Congress members into hiding and threatening to hang Vice President Mike Pence and shoot House Speaker Nancy Pelosi. Congress impeached President Donald Trump for the second time. White nationalists promised further acts of terrorist violence. The COVID-19 daily death toll hit 4,000. Payrolls declined. And in response, the markets rose a touch, with the Nasdaq and the Russell index of small-cap stocks hitting record highs.

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