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US stocks drop the most in nine weeks on escalation of Syria crisis

Posted on 28 August 2013 with no comments from readers

It’s astonishing to us that a downturn in the US stock markets could come as such a shock to these commentators. What goes up must come down in the end and higher oil prices are pretty serious market movers.

US stocks fell yesterday, with the S&P 500 Index dropping the most since June 20th, as growing tension over possible military action in Syria overshadowed a report showing consumer confidence unexpectedly rose in August. Holland & Co.’s Michael Holland comments on Bloomberg Television’s ‘Street Smart’…

Posted on 28 August 2013 Categories: Banking & Finance, Bond Markets, Investment Gurus, Oil & Gas, US Stocks, Video Channel

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