Stock market rises sharply, Syria strike on hold

9:46 AM, Sep. 3, 2013  |  Comments
  • Filed Under

NEW YORK (AP) - The stock market is opening sharply higher on the first U.S. trading day since President Barack Obama announced that he would seek congressional approval for a military strike against Syria.

The Dow Jones industrial average was up 99 points to 14,909 shortly after trading began Tuesday. The Standard & Poor's 500 index added 16 points to 1,649. The Nasdaq composite was 44 points higher to 3,633.

Many expected Obama to order strikes immediately and independently of Congress, but on Saturday, he said that he would put a vote before lawmakers when they return from summer recess.

Microsoft shares fell $1.47, or 4 percent, to $31.90 after the software company said it would buy Nokia's line-up of smartphones and a portfolio of patents.

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
579 votes
I'd rather watch a scrimmage.(Your vote)
23%
860 votes
I don't want to pay to watch practice.(Your vote)
27%
1019 votes
It doesn't matter to me.(Your vote)
34%
1277 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports