New York Stock Exchange will reopen Wednesday
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In this Monday, Oct 29, 2012 file photo, the floor of the New York Stock Exchange is empty of traders, as New York's financial district braces for the onslaught of Superstorm Sandy. The New York Stock Exchange will reopen for regular trading on Wednesday after being shut down for two days. -- PHOTO: AP
NEW YORK (AP) - The New York Stock Exchange will reopen for regular trading on Wednesday after being shut down for two days because of Hurricane Sandy.
The exchange said in a statement on Tuesday that its building and trading floor are fully operational and that normal trading will resume at the usual starting time of 9.30am.
There had been erroneous reports Monday that the exchange floor had flooded. Exchange spokesman Ray Pellecchia said the exchange's building did not have any flooding or damage.
Tuesday marks the first time since 1888 that the NYSE remained closed for two consecutive days because of weather. The earlier shutdown was caused by a massive snow storm.
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