Stocks Fall as Oil Reaches 18-Month High on Syria, Gold Rallies

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Stocks slid the most since June and oil surged to an 18-month high amid concern the U.S. will take military action against Syria. Treasuries, the yen and gold rose while Turkey’s lira and India’s rupee reached record lows.

The MSCI All-Country World Index dropped 1.4 percent as of 4:35 p.m. in New York as the Standard & Poor’s 500 Index fell