ith Hurricane Sandy heading straight toward New York City and, therefore, Wall Street, all American stock and options markets are shutting down on Monday, marking the first time in nearly three decades they've closed due to bad weather. The operators of the New York Stock Exchange and other markets had hoped that some trading could continue, as most of the work has shifted from the traditional frenetic trading-floor specialists to electronic systems. On Sunday, however, the decision was made to play it safe. "The dangerous conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities," the NYSE said, "and safety must be our first priority."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 31 TV shows to watch in 2014
- The sexual politics of Game of Thrones just got enormously worse
- He said he was leaving. She ignored him.
- Why atheism doesn't have the upper hand over religion
- The hidden reason for the student loan crisis
- Wounded in Boston, two brothers endure
- 14 wonderful words with no English equivalent
- 7 ways to quickly become a master at anything
- Mad Men recap: 'A Day's Work'
- The case for killing law school
Subscribe to the Week