Monday, September 2, 2013

Labor Day

The stock market remained closed today, due to Labor day. But futures were tradable some parts of the day. Major indices opened with a big gap up, probably on the news that Obama asked Congress for advice on a possible Syria-strike. That means, no immediate bombing. This had the opposite effect on oil which went down more than 2%, but recouped about half of the losses later on.

Normal trading resumes on Tuesday the third of September.

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