What the collapse of the Afghan government might mean for the U.S. stock market

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After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.

However, the impact to the stock market, with the Dow Jones Industrial Average
DJIA,
the S&P 500 index
SPX
and the Nasdaq Composite Index
COMP
trading at or near record highs, is unclear.

“It’s a terrible situation for those U.S. folks who are still there,” J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.

“As far as the markets go, we’ll have to wait and see on the longer-term implications,” he said.

Futures, however, were tilting lower, with those for the S&P 500
ESU21

ES00,
the Dow
YMU21

YM00
and the Nasdaq-100

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