shrug off

British  

verb

1. to minimize the importance of; dismiss

2. to get rid of

3. to wriggle out of or push off (clothing)

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shrug off Idioms  

1. Minimize the importance of, as in That nasty review didn't bother him at all; he just shrugged it off . [Early 1900s]

2. Get rid of, as in She managed to shrug off her drowsiness and keep driving . [Mid-1900s]

3. Wriggle out of a garment, as in He shrugged off his coat . [First half of 1900s]

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Example Sentences

So far, U.S. stock markets have largely shrugged off Washington’s corporate meddling.

From Barron's

U.S. defense stocks largely shrugged off recent U.S. boat strikes in the Caribbean, but the ousting of Venezuelan leader Nicolas Maduro marks a potentially significant escalation, they add.

From The Wall Street Journal

Market participants have tended to shrug off geopolitical turmoil, such as disruptions in the Middle East in the past few years that included escalating tensions between Israel and Iran.

From MarketWatch

While the turmoil in Venezuela could impact energy prices, they reckon the equities market is more than capable of shrugging off oil price volatility.

From The Wall Street Journal

—Eurozone government bonds shrugged off the weekend’s developments, trading little changed, similarly to U.S.

From The Wall Street Journal