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All US Exchanges Shut Down Before Hurricane Sandy

U.S. stock markets are closed as Hurricane Sandy nears landfall on the East Coast and are likely to remain closed Tuesday.

 

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NEW YORK (AP) - U.S. stock markets are closed as Hurricane Sandy nears landfall on the East Coast and are likely to remain closed Tuesday.

The last time the New York Stock Exchange had an unplanned closing since the terrorist attacks of September 2001.

Duncan Niederauer, the chief executive of the exchange's parent company, NYSE Euronext, told CNBC that it was "hard to imagine" that the exchange would open on Tuesday.

(Photo courtesy CBS News)

 

AP