Stock market closed for 9/11

US stock markets will be closed on Monday for the first time since the September 11 terrorist attacks and Google NasdaqGS: GOOG - news delays the launch of its new tablet as New York Frankfurt: A0DKRK - news braces for the arrival of Hurricane Sandy. The Securities and Exchange Commission made the decision late on Sunday after consulting with the major exchanges, including the New York Stock Exchange, Nasdaq OMX Group and CME Group.

The exchange operators said they made the call after consulting with each other, regulators and government officials. They cited concerns about the market's ability to function without disruption and the safety of people who work there. They said markets might be closed on Tuesday "pending confirmation", according to Bloomberg which cites e-mailed statements.

The move signals escalating concern on Wall Street at the impact of a hurricane that is expected to bring 70 mile-an-hour winds to New York and heavy rain. Google was forced to cancel an event launching its new tablet, the Nexus Xetra: NX - news exchanges outside the US will operate as scheduled. CME Group will end trading of equity index futures and equity index options on futures market at 8. Companies that had been expected to announce their results today, including NRG Energy NYSE: NRG - news and Entergy NYSE: ETR - newsare rescheduling the release of their third quarter earnings reports, according to reports by AP.

Drug giant Pfizer BSE: BO - news says its third quarter investing in canadian stock market and webcast has been moved from Tuesday to Thursday, while Power wholesaler NRG Energy, based in Princeton, New Jersey, has switched its planned Wednesday earnings stock market closed for 9/11 to Friday.

GS - news and Citigroup NYSEArca: BUW - newswhose main New York offices are in an official evacuation zone, are recommending employees work from home.

The Securities Industry and Financial Markets Stock market closed for 9/11 has recommended that bond trading, which is done electronically, finishes by noon on Monday. Meterologists are warning that Hurricane Sandy could be the most severe to hit the northeast of the US since the late s. It is not just financial firms that are making preparations.

Economic effects arising from the September 11 attacks - Wikipedia

With New York's subway closed and commuter networks from neighbouring New Jersey and Connecticut also closed, a large number of those who work in the city will not be able to make it into work. The arrival of the hurricane comes as financial markets begin to focus on the final ten days of the US presidential campaign.

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Both President Barack Obama and Mitt Romney, his Republican challenger, have moved several campaign events. UK Markets close in 5 hrs 15 mins.

Market Holidays - Calendar - Bond & Stock Market Holidays

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