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. â??Weâ??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,â? Russell Croft, a Croft-Leominster Inc. fund manager in Baltimore, said. â??Right now all eyes are on next weekâ??s Fed meeting, thatâ??ll be the big driver in the market with a few data points between now and then.â?