Global Stocks go on Wild Ride After U.S. Military Strikes on Syria




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Summary: Dow futures dropped more than 100 points immediately after news of the U.S. military strikes on Syria but had recovered much of those losses in the morning. Some of the biggest moves are in commodities. Oil prices shot higher. Syria is not a major oil exporter but is close with Russia and Iran, who are. Gold is also sharply higher as investors seek a safe haven. The military strikes took place as President Donald Trump is meeting with China's President Xi Jin Ping. They will meet again today where trade and North Korea are expected to be topics of discussion. It's also monthly jobs report day. The Labor Department is expected to show a gain of more than 200,000 jobs in March and for the jobless rate to hold steady at 4.7%. Goldman Sachs, however, says weather could have prevented 60,000 jobs being added last month.