Losses mount for global markets as US considers Syria action

Markets around the world sold off overnight while oil continued to soar, as the prospect of military involvement in Syria's civil war grows.

As British Prime Minister David Cameron and US President Barack Obama (pictured) meet to discuss the Syrian civil war - and specifically whether the regime has used chemical weapons on its own people - senior military staff in the US have already said they are "ready to go". The rhetoric has spooked investors, and markets saw even heavier selling overnight, with the US Dow down 1.1% and the S&P 500 off 1.6%. The Nasdaq was impacted more, with the index finishing 2.2% lower, as shares including Apple racked up losses. Asian shares followed suit with the Hong Kong Hang Seng and the N...