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
WASHINGTON, Aug 29- Obama administration officials have contacted energy experts in recent days to discuss oil market conditions as the president weighs a military strike against Syria, sources familiar with the matter told Reuters.
*U.S. economic growth accelerates in Q2, Japan data also strong. *Syria uncertainty still persists, but less of a worry for now.
NEW YORK, Aug 29- Investors in U.S.-based funds pulled $863.1 million out of stock funds in the latest week, down from massive outflows in the prior week even as the possibility of military action against Syria unnerved markets, data from Lipper showed on Thursday.
TOKYO, Aug 30- Japan's Nikkei share average is set to rise for a second day on Friday as upbeat U.S. data propped up Wall Street overnight, while geopolitical tensions are likely to ease as doubts emerge over an imminent U.S.-led military strike on Syria.
The Dow closed higher today by 16 points, S&P 500 up 27 points, and the Nasdaq up 3 points. Jeff Kleintop, LPL Financial, weighs in on the impact of concerns in Syria on the markets. CNBC's Dominic Chu reports on the action in the defense sector.
UN inspectors conducted their 3rd day of investigations into Syria's alleged chemical weapons attack. NBC's Ayman Mohyeldin reports the latest. Also, Rep. Scott Rigell (R-VA); Rep. Zoe Lofgren, (D-CA); and Marc Ginsberg, former U.S. Ambassador to Morocco discuss.
LONDON, Aug 29- British Defence Secretary Philip Hammond said on Thursday that Britain would not take part in any military action against Syria after the government unexpectedly lost a vital parliamentary vote on the issue.
*UK's Cameron loses Syria vote. NEW YORK, Aug 29- Oil prices on both sides of the Atlantic extended losses to around 2 percent in late trading after the market settled on Thursday as uncertainty rose over the timing of a possible U.S.-led strike on Syria.
LONDON, Aug 29- British Prime Minister David Cameron lost a vital parliamentary vote on Thursday night meant to pave the way for Britain to join a looming military strike on Syria, in a move that appeared to all but rule out British involvement in such action.
Mad Money host Jim Cramer discusses investment strategies if things turn sour in Syria, and how other current events like the debt ceiling are impacting the markets.
"[T]he British Parliament, reflecting the views of the British people, does not want to see British military action," UK Prime Minister Cameron said.
LONDON, Aug 29- British Prime Minister David Cameron lost a symbolic but important parliamentary vote on Thursday night meant to pave the way for Britain to join a looming military strike on Syria.
The oil market is reacting to a potential U.S. military strike in Syria. John Woods, JJ Woods & Associates, discusses what could happen to oil prices if there is a strike, and how to play BP when the heat settles.
ABOARD USS WASP, Aug 29- Two F-35 fighter jets have completed dozens of test flights from the deck of this amphibious assault ship over the past three weeks, but several flights were scrapped on Wednesday for maintenance issues, just as more than a dozen journalists arrived for a demonstration.
Stocks finished in positive territory Thursday but closed off session highs as lingering worries over Syria put a damper on gains.
NEW YORK, Aug 29- Oil and gold markets closed lower on Thursday, giving back some of their sharp gains this week, after anticipated delays in a Western strike on Syria eased worries about oil supplies and investors' focus on safe-haven assets.
NEW YORK, Aug 29- Oil prices retreated sharply on Thursday as a possible strike on Syria remained uncertain, driving traders to book profits ahead of a holiday weekend in the United States, while signs of strong U.S. economic growth drove sent the dollar to a three-week peak.
Aug 29- Syria today, the taper tomorrow- emerging market policymakers are learning that once the market becomes concerned with a current account deficit, most news is bad news. That's especially true for those, like India, South Africa and Brazil, that import more than they send abroad and thus must rely on foreign money to fund borrowing needs.
*Vodafone in talks with Verizon to sell share of joint venture. NEW YORK, Aug 29- U.S. stocks closed modestly higher on Thursday as the economy showed signs of improvement, but uncertainty over possible military action against Syria continued to pressure markets.
Prices for U.S. Treasurys advanced on Thursday as investors began positioning themselves for the month-end and the long holiday weekend, with underlying worries about a possible military strike against Syria supporting safe-haven purchases.