What Crisis? Dow Jumps 270 Points as Brexit Fears Fade

Stocks rallied as investors appeared to put the Brexit vote behind them...at least for one day. The S&P 500 rose 1.8% to 2,036.09 today, while the Dow Jones Industrial Average advanced 269.48 points, or 1.6%, to 17,409.72. The Nasdaq Composite gained 2.1% to 4,691.87. Wells Capital Management's Jim Paulsen calls the Brexit crisis "wimpy." He explains why: