August 27, 2013
Stocks were sharply lower Tuesday, with all key S&P sectors in the red, amid building worries over potential U.S. military action in Syria.
Defense Secretary Chuck Hagel told the BBC the U.S. military is “ready to go” if President Barack Obama orders action over a chemical weapons attack in Syria.
Meanwhile, NBC News reported the U.S. could launch a missile strike against Syria“as early as Thursday.”
The Dow Jones Industrial Average dropped nearly 100 points, dragged byAmerican Express and General Electric, after finishing near session lows in the previous session. Energy companies Chevron and ExxonMobil were the only Dow components in positive territory.
This article was posted: Tuesday, August 27, 2013 at 9:36 am