All metals dropped in value on 9/11.
After Hurricane Harvey caused massive amounts of destruction in Texas a few weeks ago, Hurricane Irma was expected to be similarly damaging in Florida over the weekend. While some extensive damage was done, the hurricane lost a lot of its strength before making landfall. The storm wasn’t as bad as people were expecting, and the market rallied on Monday. The Dow increased more than 250 points, putting it back above the 22,000 level. The S&P 500 and Nasdaq were also up. Based on insurance companies’ stocks, it seems like investors are relieved about the lower estimates for economic damage caused by the storm.