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In previous eras, the stock market may have reacted differently to a seemingly endless drumbeat of geopolitical headlines sure to rattle it. These days, the reaction is little more than a yawn, or momentary dip only to rebound within days, said Jeffrey Busse, an associate professor of finance at the Goizueta Business School.
The Dow Jones Industrial Average tumbled Monday as the reality of the nation's credit rating downgrade from Standard & Poors began to sink in....