How the stock market reacted to 10 of the worst terrorist attacks

1

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Which bank should I choose?

Get personalized bank recommendations in 3 easy steps.

A common assumption is that the wall-to-wall news coverage and sometimes apocalyptic language surrounding terrorist attacks lead investors to panic and pull their money out of the market.

It’s true that, on occasion, horrific acts of terrorism have pushed the market down hard in the short term. For example, the first trading day after the 9/11 attacks in New York and Washington, D.C., the Standard & Poor’s 500 index dropped nearly 5%. But following many international terrorist attacks, the S&P 500 has been close to flat or even up. On July 15, the day after the attack in Nice, France, that killed more than 80 people at a Bastille Day celebration, the index slipped 0.09%. 

In a Bankrate survey, most people said acts of terror wouldn’t affect their investing.

Here’s how the S&P 500 performed after some of the most infamous terrorist attacks since 2001.

ADVISER SEARCH: Search today for a financial adviser in your area.