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Transcripts For KICU First Business 20130828

In todays first look the market in crisis mode over syria. The volitility index raced up 12 . As fear and anxiety strike stocks. The dow plunged in a triple digit fall. The nasdaq had its worst point drop of the year. And the s p broke through technical support. Gold futures pushed up 23 and oil spiked close to 109 dollars per barrel. Jcp posted a record trading day with near 100million shares changing hands. It follows a report activist investor bill ackman sold his entire stake the retailer. The stock closed down 18 cents around 13. 00. And walgreen is accused of overcharging customers and using false advertising. The lawsuit was filed yesteray by the attornery general of missouri. Walgreen will fight the charges. For more on the Market Reaction to syria, larry shover of sfg alternatives joins us. Good morning larry. What is the market telling us about the situation. The market is saying they dont know whats going to happen. Yesterday the news reports really didnt change that much. 2

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