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Wednesday, October 31, 2012

Two days without Wall Street, for the first time in 124 years


Again the Stock Exchange of New York closes its doors for the arrival of the Sandy to the U.S. east coast. This decision went down in history for being the first time in 124 years that does not operate for two consecutive days because of a storm. "In cooperation with other exchanges and market participants, NYSE Euronext markets will close its coordination with all U.S. markets for stocks, bonds, options and derivatives on Tuesday 30 , "he said in a statement that the manager operates the bag.Nasdaq-operate where companies like Google , Apple and Facebook - also closed.  In 1888, it had ceased operations two days followed by a storm that left 2 feet of snow.Hurricane Sandy, meanwhile, caused flooding of 1.8 meters to 3.3 meters . At least 16 people were killed in acts attributed to the storm. "It is a monumental event, and we take it very seriously," said Larry Leibowitz, chief operating officer of NYSE Euronext. He added: "This is not an exaggerated drama" .The U.S. financial markets will reopen on Wednesday if the weather permits. 

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