NEW YORK (AP) — The New York Stock Exchange will close its
trading floor Monday at Hurricane Sandy barrels its way up the
Northeast, but trading will continue electronically.
The NYSE says
it will invoke its contingency plans beginning Monday. The New York
Mercantile Exchange also will be shutting its trading floor which is
located in a mandatory evacuation zone.
Trading has rarely stopped for weather. The NYSE shut down on March 27, 1985 for
Hurricane Gloria.
Hurricane
Sandy was headed north from the Caribbean, on course to meet a
snowstorm and a cold front. Experts said the rare hybrid storm could
cause havoc over 800 miles stretching from the East Coast to the Great
Lakes.
Copyright 2012 The Associated Press.
NEW YORK (AP) — The New York Stock Exchange will close its
trading floor Monday at Hurricane Sandy barrels its way up the
Northeast, but trading will continue electronically.
The NYSE says
it will invoke its contingency plans beginning Monday. The New York
Mercantile Exchange also will be shutting its trading floor which is
located in a mandatory evacuation zone.
Trading has rarely stopped for weather. The NYSE shut down on March 27, 1985 for
Hurricane Gloria.
Hurricane
Sandy was headed north from the Caribbean, on course to meet a
snowstorm and a cold front. Experts said the rare hybrid storm could
cause havoc over 800 miles stretching from the East Coast to the Great
Lakes.
Copyright 2012 The Associated Press.