NEW YORK—In a move to protect market participants from Hurricane Sandy, U.S. exchanges suspended equity trading on Monday Oct. 29. Equity futures did not trade during the day and both debt and equity markets will remain shut on Tuesday Oct 30.
Trading in individual stocks and index futures ground to a complete halt Monday and will remain suspended on Oct. 30. “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,” the New York Stock exchange said in a press release. It plans to reopen Oct. 31 should conditions permit.
