Overnight China shut down its trading due to a sudden selloff, and at this mornings open, the DOW was down 300 points and the NASDAQ down over 100.
Tensions in Iran and Saudi Arabia have spiked the price of oil. The US is hoping the two countries don't come to physical blows after Saudi Arabia executed a popular cleric and then the Saudi embassy was ransacked by Iranians. Diplomatic ties have been officially severed by Saudi Arabia.
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