Another collective yawn by U.S. stock investors. Equity investors appeared to largely brush off the latest apparent threat to the world's security: A global cyber attack, which began spreading on Friday that by Monday had infected computers in more than 100 countries. To be sure, market watchers said that cyber threats have typically had limited impact on the market. The CBOE Volatility Index, better known as the VIX and the most widely followed barometer of expected near-term stock market volatility, last week closed at 9.77, its lowest close since December 1993. "I'd say the market has been overly complacent for quite some time," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.
Source: dna May 15, 2017 21:00 UTC