REPORT: U.S. Stock and Bond Market to Remain Closed for Second Day
The U.S. stock market will be closed again tomorrow along with the bond market because of dangerous weather conditions caused by Hurricane Sandy.
The NYSE Euronext ( NYX ) and Nasdaq OMX's (Nasdaq: NDAQ) equity trading closures, follows the Securities Industry and Financial Markets Association's move to close bond trading for all dollar-denominated fixed income securities.
Flooding and high winds have crippled the Atlantic states.
Stock market trading closures on consecutive days because of fierce weather conditions hasn't happened since a brutal snow blizzard back in 1888.
50-Year History of NYSE Closures
SEP 11-14, 2001
Closed after the terrorist attack on the World Trade Center
SEP 27, 1985
Hurricane Gloria
JUL 14, 1977
Power blackout in New York City
FEB 10, 1969
Winter snowstorm
NOV 25, 1963
President John F. Kennedy's funeral
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
