Syrian Conflict Causes Stock Market Slide

Potential US strike in Syria have caused volatile days on Wall Street.
1:15 | 08/28/13

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Transcript for Syrian Conflict Causes Stock Market Slide
All of the talk of war is hitting financial markets hard. Another big drop in the dow yesterday. Rebecca jarvis tracking that story. And markets around the world are dropping, as well. We're in for a volatile day, george. Looking ahead with syria front and center. So far this month, the dow is down almost 5%. My sources on trading desks across wall street, say they're preparing for the down turn to intensify. We'll likely see stocks drop 2% to 4%. Whether that's the worst is going to fend what happens after the strike. How the middle east responds is whether or not the fear turns to panic in the future. Those markets going down. Oil is going up. Oil is going up. This is what we see when there's threats to the region. As the tensions escalate, the concern is some sort of issue with the supply. Pierre said, we've seen the cyber attacks on u.S. Websites. Investors are bracing for attacks on middle eastern oil facilities. So far, it hasn't hit consumers too hard. It hasn't hit consumers. We're playing 20 cents less a gallon of gas than this time last year. Thanks very much. Let's get the top headlines.

This transcript has been automatically generated and may not be 100% accurate.

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