Superstorm Sandy: Wall Street Opens Higher

Written By Unknown on Rabu, 31 Oktober 2012 | 20.48

New York's Dow Jones opened up 0.4% after Hurricane Sandy's arrival on the East Coast forced a two-day market closure.

The S&P 500rose 0.3% , while the Nasdaq fell slightly.

The stock markets did not open on Monday, hours before Sandy hit New York with devastating consequences.

They remained closed on Tuesday as the storm ripped through the city, flooding the financial district and subway system, and leading to wide-spread power outages. 

But New York Mayor Michael Bloomberg rang the bell at the New York Stock Exchange on Wednesday to signal the reopening of Wall Street.

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