WASHINGTON, October 29, 2012 – Due to the imminent arrival of Hurricane Sandy, which is causing public transportation systems in New York City and Washington DC to shut down and certain coastal areas of the U.S. East Coast to be evacuated, the NYSE and NASDAQ will be closed for trading today and possibly Tuesday according to announcements made by both exchanges late Sunday evening. The Associated Press also reported that the U.S. Office of Personnel Management (OPM) has announced that the Federal government will be closed today as well.
Without any market action on tap—not to mention the probability that we, ourselves, may be out of power for a prolonged period of time commencing at some point today—this column will be on temporary hiatus. We’ll be back as soon as U. S. exchange trading re-opens and we’re assured of network connectivity in the DC metro area.
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