Anything that cannot be predicted tends to harm the stock market's bottom line. So, the more unpredictable things happening in the world the more the stock market isn't going to be happy.
Here are a few of the things the stock market doesn't like now:
Low Oil prices: Though you would think they would be happy it means less money for oil stocks
Putin: Whatever he does affects the stock market. And the 76 million stolen identities from a U.S. Bank from Russia didn't help.
ISIS: if you look at the news this is going to be a very expensive war against ISIS even though at least for now there are no U.S. boots on the ground (at least standard Army) though there are advisers in Iraq.
Ebola: I think this is really upsetting world markets the most when they look at what has already happened to Liberia, Sierra Leone and other west African countries. It is completely devastating West African economies and you can't make money if countries are trying to survive Ebola en masse.
LIbya, Yemen, Syria, Iraq, Turkey and any other countries where there is fighting.
Hong Kong: Because everyone knows if the PLA starts killing democracy demonstrators everyone under 40 years of age might just get on a boat and leave for good which would cause China to loose face worldwide at that point.
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