Off the Charts

The market looked set to kick off the week with gains before worries about potential military action in Syria spooked the markets in the afternoon. In particular, many now fear potential dislocation in oil markets that could also weigh on world equity markets. The S&P and Dow each finished with losses of around 0.4% while the Nasdaq finished basically unchanged.

Following days of speculation, U.S. Secretary of State John Kerry officially alleged that U.S. officials and others have gathered evidence that proves a chemical weapons strike was conducted by Syrian President Bashar al-Assad's regime. Many now expect a coalition to explore military action in response, although such measures are complicated by Russia's support of Assad and Iran's threats of retaliation if the West were to intervene in the Middle East crisis....859 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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