June 8th, 2017 | By: Rachel Cao.
With former FBI Director James Comey’s testimony before the Senate Intelligence Committee and the elections in the U.K. today, those headlines alone could have been enough to stir the market.However, the markets had a relatively steady day and closed a bit higher.Steve Grasso, director of institutional sales at Stuart Frankel, spoke on CNBC’s “Closing Bell” Thursday about the stability of the market amid alarming worldwide headlines.
“[The market] deals with whatever is right in front of it, and it seems to have become calloused to whatever you throw at it,” Grasso said.