News Column

Wall Street to Open Wednesday After 2-day Closure

Oct. 30, 2012

Gretel Johnston

wall street

After an unprecedented weather-related closure, trading on Wall Street will resume Wednesday, financial authorities in New York City said Tuesday.

Both the New York Stock Exchange (NYSE) and the Nasdaq will be open and operating normally Wednesday, statements issued by the two markets said. The two-day closure was the longest weather-related shutdown in more than a century.

NYSE spokesman Robert Rendine said the exchange floor and building were not damaged by Sandy, a hybid superstorm that started out as a hurricane before slamming the US mid-Atlantic East Coast Monday night.

The chief operating officer of NYSE, Larry Leibowitz, said the headquarters were running on backup power and would continue using it all week if necessary, according to Bloomberg.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters