Israeli military forces destroyed a stockpile of Russian missiles that the Syrian government was reportedly prepared to deliver to Hezbollah, reports CNBC's Seema Mody.» Read More
*Syria conflict continues to haunt market. NEW YORK, Aug 30- The U.S. dollar advanced to a four-week high against a basket of major currencies on Friday, helped by persistent uncertainty about Syria and a weak euro that has struggled in the wake of soft euro zone economic data.
NEW YORK, Aug 30- It's taken nearly five-years, but one of the most persistent bond market dislocations left behind by the financial crisis has finally dissipated, likely signalling that the days of super-cheap corporate borrowing costs are numbered.
*U.S. shares fall as Syria attack likelihood fades. Federal Reserve's stimulus program, and as the chances weakened of an imminent Western military strike against Syria. You are getting a lot of push-pull from the Syria thing- will they, won't they- and then the data, "said John Canally, investment strategist and economist for LPL Financial in Boston."
*British parliament votes against Syria attack. NEW YORK, Aug 30 (Reuters)- Brent crude oil fell on Friday in choppy trading as fears of Middle East supply disruption receded after Britain said it would not join any military action against Syria.
Nader Mousavizadeh, geopolitical analyst at Macro Advisory Partners, says that a U.S. military strike on Syria is likely, but there is uncertainty over the aim of the attack.
LONDON, Aug 30- European shares headed for their biggest weekly drop since June on Friday as reduced chances of an immediate military strike on Syria weighed on energy equities due to weakened oil prices, although longer-term the market outlook stayed bright.
NBC's Ayman Mohyeldin, reports the latest details on UN inspections in Syria. And Bill Spindle, WSJ Middle Eastern bureau chief, discusses President Obama's quandary in Syria.
Luis Costa, EM strategist at Citi, talks about the effect of geopolitical tensions on emerging market currencies.
Edward Luce, Financial Times Washington columnist, discusses what a missile strike in Syria will mean for President Obama's credibility.
Moe Ghashim, ShopGo CEO, says he left Syria last year because of the difficulty he encountered trying to run his business there.
LONDON, Aug 30- Saudi Arabia, the world's largest oil exporter, has boosted output in August to a record high, a Reuters survey found on Friday, partly offsetting a plunge in Libyan supply that has reduced OPEC output.
DOHA/ CAIRO, Aug 30- Saudi Arabia, a supporter of rebels fighting to topple President Bashar al-Assad, has raised its level of military alertness in anticipation of a possible Western strike in Syria, sources familiar with the matter said on Friday.
NEW YORK, Aug 30- U.S. stocks slipped on Friday, with the S&P500 index likely to end August with its worst monthly showing in over a year as the threat of an imminent Western military strike on Syria faded slightly.
NEW YORK, Aug 30- U.S. benchmark stock indexes were little changed at the open and the dollar eased back from the session high as soft U.S. economic data reduced anticipation for Federal Reserve plans to cut its stimulus program in the days ahead, while expectations of an imminent U.S.-led strike against Syria ebbed.
*Syria conflict still haunts market. NEW YORK, Aug 30- The U.S. dollar rose to a four-week high against a basket of major currencies on Friday, helped by persistent uncertainty about Syria and a weak euro that has struggled in the wake of soft euro zone economic data.
NBC's Ayman Mohyeldin has the latest details on the unrest in Syria. And Steven Cook, Council on Foreign Relations, discusses the likelihood of a U.S. military strike on Syria now that the United Kingdom has signaled it will not intervene.
NEW YORK, Aug 30- U.S. stocks opened little changed on Friday as the likelihood of an impending Western military strike on Syria appeared to lessen and personal income data for July came in soft. The Dow Jones industrial average was up 1.49 points, or 0.01 percent, at 14,842.44. The Nasdaq Composite Index was up 0.37 points, or 0.01 percent, at 3,620.67.
As the U.S. debates whether or not to take military action against Syria, questions are rising about Israel's involvement, reports NBC's Atia Abawi with the latest details from Tel Aviv.
NEW YORK, Aug 30- U.S. stocks were poised for a flat open on Friday, with the S&P set for its worst monthly showing in over a year as the likelihood of an impending Western military strike on Syria appeared to lessen and personal income data for July came in soft.
*Oil falls as no imminent attack seen against Syria. LONDON, Aug 30- Upbeat economic data from the United States kept the dollar near a four-week high against major currencies on Friday though oil prices fell as expectations of an imminent U.S.-led strike against Syria ebbed.