Stock Market Analysis

Monday, October 29, 2012

US Market Closed For Hurricane...

US market was closed today as Hurricane Sandy makes landfall and will continue to be closed on Tuesday as well.

It was indeed a brilliant decision to close the stock market these two days as it not only ensured the safety of the people working at the exchanges but it also prevented an unnecessary stock market hit. Indeed, there is no doubt that if US market is open these two days, we shall see a huge drop due to the unprecedented crisis and uncertain outcome.

We continue to pray for those living in the path of the hurricane.

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