No, the Casey Anthony verdict did not move the market

Sorry to burst anybody's bubble, but not everything revolves around this case. From market watcher Art Cashin's round-up of yesterday's market action (via Business Insider)

The instant selloff occurred just as TV screens filled up with images from a courtroom in Florida and a series of "Not Guilty" comments from the jury. While this was clearly coincidence rather than causality, it was intriguing to watch the somewhat confused and quizzical looks on the faces of a few summer interns trying to intellectually reconcile the two disparate but seemingly simultaneous events.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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