Advertisement
 

Stock market plans to open Monday as usual

October 29, 2012
  • Despite the dire storm forecast, the New York Stock Exchange says it will open for business as usual Monday morning.
Despite the dire storm forecast, the New York Stock Exchange says it will… (Getty Images )

The New York Stock Exchange plans normal operations Monday as Hurricane Sandy makes its way up the Atlantic.

New York City mass transit is shutting down Sunday evening, and public schools in the city will close Monday. New York City Mayor Michael Bloomberg ordered residents to evacuate some low-lying areas Sunday.

According to the Exchange, weather last caused the NYSE to shut down on March 27, 1985 for Hurricane Gloria. Trading on the Big Board also was suspended after the attacks on Sept. 11, 2011 for three days afterward.

Hurricane Sandy was headed north from the Caribbean to meet both a snowstorm and a cold front, and experts said the rare hybrid storm that results will cause havoc over 800 miles from the East Coast to the Great Lakes.

Advertisement
Los Angeles Times Articles
|
|
|