29 October 2012 13:21 [Source: ICIS news]
LONDON (ICIS)--Wall Street trading is set to be suspended for at least 24 hours as a result of Hurricane Sandy, which is expected to strike the east US coast, exchange operators said on Monday.
“In consultation with other exchanges and market participants, NYSE Euronext (NYX) will close its markets on Monday, 29 Oct, 2012 and pending confirmation on Tuesday, 30 Oct, 2012,” said NYSE Euronext in a statement.
“We support the consensus of the markets and the regulatory community that the dangerous conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority,” it added.
All US Nasdaq OMX exchanges, including the Nasdaq OMX US Commodities index (NOCC) are also to be closed, the bourse’s owner said.Huricane Sandy has strengthened overnight, and is expected to bring a “life-threatening” storm surge and coastal hurricane winds on Monday, according to the National Hurricane Center (NHC).
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections