Stock exchange closed weather
Today's closure of the New York Stock Exchange at the hands of Hurricane Sandy is not the first time it has closed its doors. Still, history has proven the exchange is a hearty institution and the bar is set very high for such a shuttering.
Some of those major closures according to the New York Stock Exchange's website:.
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It did not open entirely for over four and a half months. While Hurricane Sandy is expected to batter the East Coast, its market impact is less clear.
Weather Derivatives: Weather traded on the stock market 2013He says in his latest note:. Individually, the market's performance following major hurricanes has been uneven, as equities are more likely driven by wider-reaching global events than localized natural disasters.
Of course there is no guarantee that history will repeat itself. Hurricane Irene Could Be Among Costliest U. What do you think? Will Hurricane Sandy have a lasting impact on the market and economy?
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Markets close in 2 hrs 47 mins. Today's Charts Nike gains on Amazon talk; Citi downgrades Target; Oracle earnings on tap.
What Does It Take to Close the Stock Market? Breakout October 29, Some of those major closures according to the New York Stock Exchange's website: He says in his latest note: Storms What do you think?
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