Sandy Disrupts Presidential Campaign Eight Days Out
As Hurricane Sandy nears the East Coast with eight days before Election Day, Barack Obama and Mitt Romney cancel rallies. Obama addresses the nation from the White House stressing life-saving actions and swift recovery. Romney shifts to assess damage and avoid politicizing the crisis while urging aid to victims.
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Sandy limited impact on U S economy analysts say
Analysts say Hurricane Sandy will cause short term disruptions but not lasting damage to the economy. Airlines canceled over 10 000 flights from Washington to Boston stranding travelers while insurers brace for billions in losses and retailers face lower sales during the holiday period.
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Hurricane forces NYSE to shutter markets in Sandy impact
The New York Stock Exchange and major U.S. markets shut down as Hurricane Sandy approached New York City. NYSE Euronext coordinated with regulators and Nasdaq OMX Group to suspend trading across all venues including NYMEX and CME Group equity index products. Bond markets faced an early close plan, while electronic trading was also halted.
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