Overhang Mostly Clears

The most likely path is that the Justice Department closure removes the central criminal overhang tied to pre-outage stock transactions. Investors treat the decision as a validation that the 2024 insider-sale questions are unlikely to become a major legal liability, while remaining outage-related civil matters continue separately.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.