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Markets Briefly Fall After Russian Headlines About Missile — Stocks Recover On News Of No Attack

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Business Insider
September 3, 2013


An incident this morning reveals how jittery the world is, in the midst of escalating geopolitical tensions surrounding Syria.

Around 5 AM, headlines emanating out of Russia said that Russian defense officials had identified the launch of two “objects” fired at toward the Easter Mediterranean. However, skepticism that some kind of attack was under way somewhere quickly grew, as Israel said its intelligence was aware of no launch, and there were no explosions in Damascus. Eventually more headlines came out of Russia saying that whatever they detected had fallen into the sea. Meanwhile, US officials deny any kind of launch of anything.

Here’s how things went down…

This was an early headline from Reuters…


Screen Shot 2013 09 03 at 5.00.25 AMReuters

  • A d v e r t i s e m e n t

These additional headlines came out of Russian news agency Interfax.

After these headlines hit, markets in Europe tumbled, and gold spiked.

Full article here

This article was posted: Tuesday, September 3, 2013 at 5:26 am

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