New York Stock Exchange will reopen Wednesday

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Associated Press

Posted on October 30, 2012 at 2:03 PM

Updated Tuesday, Oct 30 at 2:05 PM

NEW YORK (AP) — The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.

The exchange said its building and trading floor are fully operational and that normal trading will resume at the usual starting time of 9:30 a.m.

There had been erroneous reports Monday that the exchange floor had flooded. Exchange spokesman Ray Pellecchia said the exchange's building did not have any flooding or damage.

Tuesday marks the first time since 1888 that the NYSE remained closed for two consecutive days because of weather. The earlier shutdown was caused by a massive snow storm.

Sections of Manhattan were inundated with water Tuesday and power was shut off to millions of people and businesses up and down the East Coast.

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