Go ahead and exhale, markets. Both the U.S. House and Senate voted to raise the debt ceiling. Years ago this sort of vote warranted little more than a passing mention. But after three solid years of brinkmanship (and a government shutdown), the "fever" appears to have been broken. For now.
Meanwhile, the Dow Jones Industrial Average (DJINDICES:^DJI) and S&P 500 (SNPINDEX:^GSPC) have largely shrugged off the event. In the video below, analysts Mike Klesta and Dan Caplinger discuss the future of the debt ceiling and whether investors should care.
Dan Caplinger, Mike Klesta, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.