Monday, October 29, 2012

New York Stock Exchange closes due to Hurricane Sandy


NYSE Closes for Hurricane Sandy -Reuters photo
While Los Angeles is enjoying some warm weather due to the Santa Ana winds, our friends in New York City are shutting down due to hurricane Sandy.

For the first time in years the NYSE closed before it even opened due to the severe weather conditions of hurricane Sandy.

Sand Bags lined the street this morning in front of the NYSE in lower Manhattan today, while everyone prepares for one of the worst storms to hit NYC in years.

"A shut down of trading for a couple of days to save one human life is the right thing to do".  Dick Grasso former NYSE Chairman and CEO.



Mortgage rates are slightly lower than Friday, however not much is expected today due to the shut down.

check out more articles from CeezMann the LA Mortgage Examiner

If you find this info helpful, funny or interesting, and want to hear more on this topic please let me know by commenting on this blog, as well as, sharing it with friends, family, and co-workers 

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