New York Stock Exchange will reopen Wednesday

10/30/2012
ASSOCIATED PRESS
The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy, Tuesday.
The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy, Tuesday.

NEW YORK — The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.

The exchange said in a statement today that its building and trading floor are fully operational.

This marks the first time since 1888 that the NYSE remained closed for two consecutive days due to weather. The last time was due to a massive snow storm.

Sections of Manhattan were inundated with water, and power was shut off to thousands of people and businesses.

Global markets rebounded today, though trading was subdued in the wake of the storm.