The downside risk in terms of the Nasdaq is 21.8% by year end.
The Dow falls nearly 4.5% for the month as stocks suffer modest losses. September, historically a tough month, looms. Markets are closed Monday for Labor Day.
The Syrian crisis lifts New York crude to its highest level since summer 2008. Brent briefly pushes above $117.
The Nasdaq's loss is its largest in more than a year. Stocks are suffering biggest monthly losses since May 2012 on concerns about possible U.S. response to nerve-gas use in Syria.
Shares fall Monday and are down 11% in August. There are worries about its growth prospects and who will succeed its aging CEO and president.
Low-trading volumes may minimize big market moves in the days to come. But September and its volatile history are still ahead.
It's not just rising interest rates that may cause problems for home buyers. It's the possible demise of the 30-year mortgage, too.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Saving just a single month of expenses may take longer than you think. See how your savings rate affects how quickly you can build a solid emergency fund.
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