Today – Tuesday August 27, 2013
- The U.S. – Syria relationship is heating up and investors are scared that U.S. might get involved in this war. Majority of Americans and investors don’t want the U.S. to get involved in this war and they fear that, thus causing low confidence in the market and causing it to decline.
- The Dow Jones Industrial Average and the S&P 500 fell more than 1% while the Nasdaq dropped more than 2%. The sell-off accelerated as the day progressed and the markets finished near their lows of the day. Global markets also closed lower.
Categories: Capital Markets