NEW YORK ( TheStreet) -- As investors await the Federal Reserve's policy meeting in September, the Syrian conflict is filling the void in influencing trading.
Syrian rebels are trying to overthrow Syrian President Bashar al-Assad. Western powers have been hesitant to arm the rebel forces out of fear that al Qaeda powers may procure weapons that end up in the rebels' hands.
Now, however, Western powers have threatened to intervene because they believe Assad's government has used chemical warfare. Military action seems imminent
A Western attack would have global implications, especially considering Russia -- Assad's largest arms supplier -- opposes intervention.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV