Hurricane Sandy Shuts Down the Stock Market
New York City, Lower Manhattan, Financial District, Wall Street, NYSE, New York Stock Exchange by (vincent desjardins)
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
Sandbags have been placed outside the entrance of the New York Stock Exchange, a visual reminder of the threat from Hurricane Sandy. For the first time since 1985, a major storm has shut down NYSE and Futures trading in New York. A statement says floor and electronic trading have been closed today and a decision about Tuesday will be made later. “We support the consensus of the markets and the regulatory community that the dangerous conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority,” says NYSE Euronext, the company that runs the exchange. American Express, JP Morgan Chase, and Citigroup are among many financial companies that decided to close operations in Lower Manhattan. Many of the businesses are in the storm-evacuation zone.
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hurricane New York Stock Exchange JP Morgan Chase Hurricane Irene storm NYSE Euronext Futures trading Insurance companies electronic trading Lower Manhattan insurance industry American Express airline industry home prices Sandbags Citigroup Entergy scrambling safety report Pfizer earnings first priority earthquakes flights floor update regulatory investors Switzerland utilities conditions visual Stock markets consumer The storm bank global first time large financial planning sales our people community businessEvents:
NaturalDisaster: Hurricane Sandy
Overall Sentiment: -0.281296
Relevance: 0.847846
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Source : feeds.abcnews.com
Hurricane Sandy Shuts Down the Stock Market
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Morning Business Memo: Sandbags have been placed outside the entrance of the New York Stock Exchange, a visual reminder of the threat from Hurricane Sandy. For the first time since 1985, a major storm has shut down NYSE and Futures trading in New York. A...
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Source : feeds.abcnews.com
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