Market News
October 29, 2012 @ 1:55 pm

Hurricane Sandy shuts down Wall Street

The North American trading session is expected to be quiet as Wall Street has been shut down for trading today as a precaution against a powerful storm that is heading towards New York.

Hurricane Sandy has led to the pre-emptive closing of today’s US stock market and many businesses along the East Coast. The New York Stock Exchange may remain closed on Tuesday, depending on the effect of the hurricane.

The hurricane is said to be one of the strongest hurricanes to hit the US mainland ever, taking the east coast in its path, including New York, Philadelphia, Washington and Boston.

The U.S. National Hurricane Center (NHC) said Sandy is expected to bring a “life-threatening storm surge,” coastal hurricane winds and heavy snow in the Appalachian Mountains.    Winds were at a maximum of 85 mph (140 kph)  by  8 a.m. New York time.

Due to light volume trading and safe haven flows, the US dollar was propped up today.

Related Posts Plugin for WordPress, Blogger...
, ,

4 Responses to “Hurricane Sandy shuts down Wall Street

  1. Hooligan Says:

    I must say, as significantly as I ejeyond reading what you had to say, I couldnt help but lose interest after a while. Its as if you had a good grasp around the subject matter, but you forgot to include your readers. Perhaps you should think about this from extra than one angle. Or maybe you shouldnt generalise so considerably. Its better if you think about what others may have to say instead of just going for a gut reaction to the topic. Think about adjusting your very own thought process and giving others who may read this the benefit of the doubt.


  1. Hurricane Sandy shuts down Wall Street | FX Community - October 30, 2012 @ 1:25 pm

    […] American trading session is expected to be quiet as Wall Street has been shut down … Continue Reading Share this:TwitterFacebookLike this:LikeBe the first to like this. This entry was posted in Blog […]

  2. Amedar Consulting Group - November 3, 2012 @ 3:40 pm

    Amedar Consulting Group…

    Great site. Plenty of useful information here. I am sending it to some buddies ans additionally sharing in delicious. And naturally, thanks to your sweat!…

  3. Sook Asner - November 16, 2012 @ 5:02 am

    {Websites|Web sites|Internet sites|Sites|Internet websites|Web pages|Web-sites|Website pages|Online websites|Webpages|Internet sites} {worth|really worth|well worth|value|truly worth|worthy of|price|definitely worth} {visiting|going to|checking out|b…

    here are some one-way links to webpages that we link to since we believe that they are really worthy of checking out…

Leave a Reply

You must be logged in to post a comment.