Stock market heats up as Syria fears subside
According to The Wall Street Journal, investor concerns over Syria and China are fading into the distance, causing the stock market to rise once again. U.S. stocks rallied, setting the market on track for its sixth-straight gain.
The Dow Jones Industrial Average rose 88 points, or 0.6%, to 15151 in recent trading. On Monday, the Dow climbed 141 points to post the biggest one-day gain in two months.
"It's a relief that the Syrian pressure cooker has been toned down a bit," said Jack Ablin, chief investment officer at BMO Private Bank. He added that investors looking at China believe the country is "successfully digging themselves out of their hole."