Monday, 2 September 2013

U.S.MARKET UPDATE

U.S. stock index futures rose on Sunday, a day after U.S. President Barack Obama opted to seek congressional authorization for military action against Syria, a move that was likely to delay any strike for at least nine days.


Equities have been pressured recently by the prospect of a Western strike against Syria after chemical weapons were used to kill civilians. The geopolitical uncertainty contributed to steep losses in August, which marked the worst month for the S&P 500 since May 2012.   

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