The stock market is not concerned with the childish actions from North Korea. Like a two year old, the country is just trying to get attention in hopes it could extort money from the US. Under the Clinton Administration this extortion worked. It will not work under the Bush Administration.

I can see why Japan and countries near Korea would be upset. The North Korean technology seems to be way behind the times, and their missiles are far from being accurate. In fact, the North Koreans have to be careful since their past missile tests have been unbelievable failures.

What the market will be focused on are interest rates, earnings, inflation, and the real estate market.