Stocks Rise as Syria Fears Diminish (Bloomberg)
Stocks rose as relieved investors reacted to the decreasing possibility of a major military strike against Syria, boosting the S&P 500 to a four-week peak. ???We???re not out of the woods on news from Syria yet, but for the time being the market has digested the decision to delay action,??? Russell Croft, a Croft-Leominster Inc. fund manager in Baltimore, said. ???Right now all eyes are on next week???s Fed meeting, that???ll be the big driver in the market with a few data points between now and then.???