We no longer check to see whether Telegraph. To see our content at its best we recommend upgrading if you wish to continue using IE or using another browser such as Firefox, Safari or Google Chrome. By Richard Blackden , New York. The Securities and Exchange Commission made the decision late on Sunday night after consulting with the major exchanges, including the New York Stock Exchange.

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. Earlier on Sunday evening, the NYSE had announced plans to close its trading floor but keep open electronic trading.

Goldman Sachs and Citigroup, whose main New York offices are in an official evacuation zone, are recommending employees work from home. The Securities Industry and Financial Markets Association 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. How storm moved through Caribbean to threaten US.

New York — the city that never sleeps — shuts down. Hurricane Sandy seen from space. It is not just financial firms that are making preparations.

After Hurricane Sandy, Stock Exchanges Prepare to Open - The New York Times

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.

Hurricane Sandy: US stock markets close for the first time since 9/11 - Telegraph

Both President Barack Obama and Mitt Romney, his Republican challenger, have moved several campaign events. The best way to transfer money overseas. Martin Chilton selects 30 great one-liners from the comedian and film star Woody Allen.

Stunning aerial shots of London's football stadia by photographer Jason Hawkes. Accessibility links Skip to article Skip to navigation. Wednesday 21 June USA Asia China Europe Middle East Australasia Africa South America Central Asia KCL Big Question Expat Honduras. A satellite image of Hurricane Sandy, pictured at NASA via Getty Images.

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Hurricane Sandy forces U.S. markets to close - MarketWatch

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