That is a cause of great concern here because Iran's President, Mahmoud Ahmadinejad, has threatened to wipe the Jewish state "off the map."

VOA: standard.2009.08.06

"If there's a concern here it's that investors, in their enthusiasm for anything defensive, overestimated just how defensive the telecoms are likely to be, " Moffett said.

FORBES: Market Scan

But many of them also recognize that it's not only the high-profile mass shootings that are of concern here, it's also what happens on a day-in-day-out basis in places like Chicago or Philadelphia, where young people are victims of gun violence every single day.

WHITEHOUSE: The President and Vice President Discuss Reducing Gun Violence with Law Enforcement Officials | The White House

Is that resilience a positive sign, or dies it perhaps create a concern that the U.S. market would have further to fall from here than markets in Asia and Europe if it should decide it also needs to factor a recession in Europe into its prices?

FORBES: Slowing U.S. Economy Is Fine But Europe Can Do Real Damage