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 (^DJI 0.01%) and S&P 500 (^GSPC -0.16%) 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.