Hurricane Sandy 's winds and rains subsided today, and the New York Stock Exchange announced it will open for normal operations on Wednesday.

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This was the first time since that weather shut down stock trading for two days. NYSE Euronext said trading will resume for all U. Investors have been grappling with a volatile earning season as it is, and now are dealing with uncertainty as they wait for reliable estimates of the damage caused by the storm.

ABC News' coverage of Hurricane Sandy. On Monday evening, news reports - quickly denied by a spokesperson - said the floor of the exchange was flooded with three feet of water.

It's more disruptive than anything," said Scott Brown, chief economist with the investment firm Raymond James. The last time the exchange was closed for two days for weather was March 12 and 13, , due to the famed blizzard of , according to the NYSE website.

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The New York Stock Exchange was formed when two dozen stock brokers signed the Buttonwood Agreement in The longest the exchange has recently closed was Sept. The attacks of Sept.

The NYSE says the exchange also closed at the outbreak of World War I, from July 31 to Nov. Brown, whose office in St.

Brown said most financial firms will recover from weather damage but lost electricity and transportation are also concerns for businesses. Though many transactions can be conducted online, that's not much help if brokers' homes are without power.

Stock watchers said they did not expect a great surge of trading volume in the morning to make up for the lost days.

When asked what financial professionals have been doing for the last two days, Brown said, "Other than sheer boredom, for us it was an opportunity in research to take a step back and look at the broader themes rather than focus on the day to day. Sections Sections Top Stories Watch U. Live Live Louisiana governor declares state of emergency for Tropical Storm Cindy US House meets for legislative business UN Security Council: Officials hold news conference after officer stabbed at Flint airport RADAR: Tropical Storm Cindy Dow Jones Industrial Average EarthTV hosts day live look of global cities observing Ramadan Alpacas graze at the Stargazer Ranch in Loveland, CO Barrier reef cam from the Georgia Aquarium More Privacy Policy Your CA Privacy Rights Children's Online Privacy Policy Interest-Based Ads Terms of Use Contact Us Yahoo!

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What Would You Do? Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE October 30, New York Stock Exchange , Weather , Hurricane Sandy , NYSE Euronext , Stocks , World War I , Scott Brown , Fiscal Cliff , Recession , NASDAQ.

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