Scoreboard: Syrian concern

Wall Street was unmoved by poor durable goods data, but slipped into the red after John Kerry hinted at action on Syria.

For most of the session, US stocks weren’t doing all that much, trading within a narrow range just above zero. Indeed, markets even brushed off news that durable goods orders slumped 7 per cent in July (after a 4 per cent increase in June). That’s a pretty big fall, mind you – the biggest in roughly a year, and one that would normally spark some kind of reaction. I mean, even core orders (which are less volatile) fell about 3 per cent.


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