Major stock indices have apparently shrugged off the wave of civil unrest that has swept across the nation, as Wall Street looks more toward the economy reopening. As of 2:35 p.m., the Dow Jones Industrial Average had gained 98 points, the S&P 500 had risen by 8 points and the Nasdaq was up by about 5 points.
CNBC said the stocks doing the best were those having to do with the reopening economy, such as Gap and Southwest Airlines, while tech stocks slid slightly. Traders were apparently also relieved by news of a shipment of soybeans from the United States to China, which they seemed to interpret as a sign that tensions aren't so bad.
Traders have largely looked past the widespread protests, as they seem to believe they are temporary incidents that won't last. If the protests continue into the summer, traders might take notice, but right now they don't believe they will materially impact the economy.