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  • Inclement Weather Makes A Long Night For PUD3 Linemen

    PUD3 2014JAfter a full day of rainfall which totaled over an inch-and-a-half, and included wind gusts over 30MPH, some areas of Mason County were left in the dark.  Rainwater soaked delicate electrical equipment, and sent flooded-out critters scrambling up power lines to escape the wet. Linemen for Mason PUD3 were themselves… Read More +

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  • 2 Troopers Injured On I-5

    WSPcarpartialshotThe Washington State Patrol says two troopers who were injured Sunday night on Interstate 5 in north Seattle have been released from a hospital. The two were injured in separate crashes related to a racing incident. Trooper Chris Webb says one trooper was attempting to stop two racing cars about 9… Read More +

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  • Seahawks Close In On NFC West Title

    lynchdec2114Russell Wilson threw for two touchdowns and ran for another, Seattle set a franchise record with 596 yards of offense, and the streaking Seahawks closed in on another NFC West title with a 35-6 romp over the Arizona Cardinals on Sunday night. Seattle moved into a tie with Arizona for first in the NFC West and the Seahawks hold the tiebreaker by virtue of two wins over the Cardinals.

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Syria Fears Lead to Triple-Digit Slide on Wall Street

b_250_0_16777215_00_images_obgrabber_2013-08_78ada5b020.jpgHemera/Thinkstock(NEW YORK) -- Fears over a potential military strike against Syria rippled through the markets Tuesday, sending stocks sharply lower for the second straight day. The Dow Jones Industrial Average closed down 170 points at 14,776. The blue chips index is now at a two-month low and over the last month it’s dropped close to five percent.

Stocks bounced in earlier trading when the Conference Board's consumer confidence index for August increased slightly. It had been expected to fall from its 80.3 level in July.

The S&P 500 and Nasdaq also posted major declines. The S&P fell more than one and a half percent and the NASDAQ closed off over two percent.
 
The impact wasn’t just in stocks Tuesday. Oil surged almost $3 a barrel. Gold rose sharply, too. It's now up 20 percent since the middle of June.
 
Investors are worried that an attack on Syria could make the already-unstable Middle East even more unstable, and it could also potentially disrupt the flow of oil from the region. Additionally, military action could rekindle terrorism fears here at home and around the world.
 
None of this news is helping to settle the nerves of a jittery market -- one that’s already worried that next month the Federal Reserve will pull back on its massive bond-buying stimulus program and a market worried that housing recovery could stall now that mortgage rates are rising.

Copyright 2013 ABC News Radio

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