Stock Market to Reopen After Sandy
Wall Street Trading Error? by Mike Licht, NotionsCapital.com
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
Hurricane Sandy‘s winds and rains subsided today, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock trading for two days. NYSE Euronext said trading will resume for all U.S. equities, bonds, options and derivatives markets on — perhaps fittingly — Halloween. Investors have been grappling with a volatile earning season as it is, and now are dealing with uncertainty as they wait for reliable estimates of the damage caused by the storm. Read more: ABC News’ coverage of Hurricane Sandy “Our building and systems were not damaged and our people have been working diligently to ensure that we have a smooth opening tomorrow,” said Duncan Niederauer, the CEO of NYSE Euronext, in a statement.
Keywords:
New York Stock Exchange the new york stock exchange Hurricane NYSE NYSE Euronext weather Hurricane Gloria World War I World Trade Center our people stock brokers derivatives markets investors Buttonwood Agreement Duncan Niederauer chief economist financial markets Raymond James financial firms long term natural disaster ABC News investment firm pales recession diligently anxious spokesperson grappling equities tragic tomorrow blizzard first time cliff Halloween stoppage dozen storm prayers productivity floor thoughts step resume professionals Trade security reports businessPeople:
Scott Brown
Overall Sentiment: -0.119783
Relevance: 0.726527
| Sentiment | Quote |
|---|---|
| -0.331607 | “It’s one more uncertainty, and loss of life and damage are always tragic, but to an extent, it’s not a big event that will throw us into recession. It’s more disruptive than anything,” said Scott Brown, ... |
| 0 | “On 9/11, there were a lot more implications,” he said. ... |
| -0.0616526 | “On 9/11, there were a lot more implications,” he said. “The view at the time was there will be huge security cost with the war and lower productivity.” |
| 0.201777 | Brown, whose office in St. Petersburg, Fla. was far from the damage caused by Hurricane Sandy, said many investors are feeling anxious about the opening, though “there may be a bit of optimism if the markets are back in business.” |
| 0 | “How will people get to work? Are subways going to be operating?” Brown said. ... |
| -0.0947885 | “Activity may be a bit subdued if people can’t get to work and get around, but for the most part this is postponing activity that will occur later on,” Brown said ... |
| 0.0149382 | Brown said, “Other than sheer boredom, for us it was an opportunity in research to take a step back and look at the broader themes rather than focus on the day to day.” |
| Sentiment Stats: |
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Will Sandy
Overall Sentiment: 0
Relevance: 0.280384
Duncan Niederauer
Overall Sentiment: 0.0354466
Relevance: 0.25371
| Sentiment | Quote |
|---|---|
| 0.182245 | “Our building and systems were not damaged and our people have been working diligently to ensure that we have a smooth opening tomorrow,” said Duncan Niederauer, ... |
| 0.113692 | “Our building and systems were not damaged and our people have been working diligently to ensure that we have a smooth opening tomorrow,” said Duncan Niederauer, the CEO of NYSE Euronext, in a statement. “Our thoughts and prayers remain with the families and communities suffering in the wake of this terrible natural disaster.” |
| Sentiment Stats: |
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Raymond James
Overall Sentiment: -0.113075
Relevance: 0.235571
Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
Company: New York Stock Exchange
Overall Sentiment: -0.0114195
Relevance: 0.858552
Disambiguation: Location | Facility | HistoricPlace | BuildingReferences:
Country: U.S
Overall Sentiment: 0.0298916
Relevance: 0.330414
Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:
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Stock Market to Reopen After Sandy
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Hurricane Sandy‘s winds and rains subsided today, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock trading for two days. NYSE Euronext said trading will resume for...
Webpage Provided Keywords:
- 2012
- abc news
- cuomo
- damages
- financial
- flooding
- governor
- hurricane
- Hurricane Sandy
- hurricane sandy path
- nasdaq
- New York Stock Exchange
- NYSE
- road closure
- school closings
- stocks
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