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Pray for Brussels.
New home sales rise 2.0% to annual rate of 512,000 in February. The median sales price in February was $301,400.
Oil futures continued to decline on Wednesday after U.S. government data revealed a 6 week climb in crude supplies that was about three times higher than the market expected. Gasoline supplies, however, dropped by 4.6 million barrels.
Gold futures settled higher on Tuesday, as investors bought assets perceived as safe in the wake of terror attacks in Brussels that left more than two dozen dead and several more injured. Today we see a correction as gold climbs lower early Wednesday.