All US Exchanges Shut Down Before Hurricane Sandy

By: Associated Press Email
By: Associated Press Email

All major U.S. stock exchanges will remain closed because of Hurricane Sandy.

There had been plans to allow electronic trading to go forward today on the New York Stock Exchange, but with all mass transit shut down, getting people in and out of New York was determined to be too dangerous.

Electronic trading will shut down 15 minutes early.

Though it's likely to carry little market relevance, the Dow Jones industrial futures are down 67 points to 12,987. The broader S&P futures have given up 8.10 points to 1,399.50. Nasdaq futures are down 18 points to 2,641.

Some companies are also postponing quarterly earnings reports scheduled for release early this week. So far, that includes Pfizer Inc. and Thomson Reuters.


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