U.S. Airstrikes on Syria Send Global Markets Lower
Haven assets favored as investors seek safety
Asian equity markets erased early gains and the yen and oil prices rose sharply after the U.S. launched cruise missiles at a Syrian air base in response to a recent chemical attack.
The strikes represented the first time a U.S. military operation has deliberately targeted the regime of President Bashar al-Assad. The announcement came in the middle of the morning for many Asian-Pacific markets, pushing investors into haven assets like...