NEW YORK: The New York Stock Exchange and other US financial markets are shutting down Monday as Hurricane Sandy bears down on the Big Apple.
The operator of the NYSE announced the decision late Sunday along with exchange operators Nasdaq OMX Group and CME Group. They said markets might be closed Tuesday "pending confirmation."
The exchange operators said they made the call after consulting with each other, regulators and government officials. They cited concerns about the market's ability to function without disruption and the safety of people who work there.
The operator of the NYSE announced the decision late Sunday along with exchange operators Nasdaq OMX Group and CME Group. They said markets might be closed Tuesday "pending confirmation."
The exchange operators said they made the call after consulting with each other, regulators and government officials. They cited concerns about the market's ability to function without disruption and the safety of people who work there.
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