- NYSE has closed today due to Good Friday.
- Oil continues to stay around $39 per barrel
- $39.46 per barrel (2016.03.24 end of the day)
International/U.S. Economy
- Saudi Aramco, the state oil company of Saudi Arabia, has recently announced a plan to buy the sprawling Port Arthur, Texas refinery. The facility is the largest refinery of U.S. and it can produce 600,000 barrels of oil per day.
- A group of New York millionaires are telling the governor and the state law makers to raise the tax for them and use it to help the poor. The group released an message that urged the passage of "1% plan for New York tax fairness".
- The terror on Brussel, Belgium has not only taken people's lives, but it also affected the European economy. Brussel was the center of political gravity of E.U., and its importance to E.U. is similar to that of Washington D.C. and U.S..
- Although the stock market is rebounding back, investors are still betting huge amount of money in gold. According to Bank of America Merrill Lynch, $13.4 billion was poured into gold assets for the past 11 weeks. This is the largest weekly inflow for gold since the economic crisis of 2009.
- Gold is a safe asset which would maintain its value even during an economic crisis, and investors are still concerned about how the market was crashing early 2016.
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