Syria Strike Depresses Stock Market, Oil Jumps

The Syria crisis, and the likely response of the United States, dominates the headlines again today, and the markets are taking notice. President Obama hosted a meeting with Congressional leaders today and received the full support of Republican Congressional leader John Boehner for an attack on the country. In response to the growing likelihood of a strike on Syria, the price of crude oil had increased by close to 1 percent on today’s market, while gold rose by more than 1 percent. The stock market was restrained by the talk about Syria, the Nasdaq and S&P 500 made anemic gains,…