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.
