The impending landfall of Hurricane Sandy is giving some stock, bond, and financial traders in New York City an unscheduled vacation day.
The trading floors of the New York Mercantile Exchange, New York Stock Exchange, and NASDAQ will be closed for at least Monday and possibly Tuesday as Sandy heads towards the Eastern Seaboard.
The last time trading was halted because of weather was because of Hurricane Gloria, September 27, 1985.
A decision about Tuesday’s trading day will be made late Monday.
Additionally, USDA’s Washington D.C. office is closed and reports scheduled by that office for Monday will be out at a later date.