LONDON (SHARECAST) - NYSE Euronext has announced that it will close all its trading venues on Tuesday, in coordination with all US equities, bonds, options and derivatives markets.
The above comes as 85 mile-per-hour winds from Hurricane Sandy hone in on New York city, thus paralysing capital markets, with flooding expected in lower Manhattan, precisely where the financial district is concentrated.
Nevertheless, NYSE has indicated that it intends to reopen on Wednesday, October 31st, conditions permitting.
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