Sherlock Holmes, the archetypal detective of Victorian fiction, once solved a case by studying not what happened, but what didn’t.

While his focus was on a dog that failed to bark at an apparent intruder, the perspective is equally apt for evaluating the performance of U.S. financial markets this week: All three of the major indexes are in positive territory despite days of turmoil that stretched from Washington to London and beyond.

Recommended Stories

Michigan man charged with threatening to kill Patel after death threats allegedly sent to FBI associate

Who are the Republicans running without Trump’s endorsement?

Americans turn against socialism in last months before midterm election: Poll