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News Link • Economy - Economics USA

U.S. stock, option markets to be closed Monday

By V. Phani Kumar

HONG KONG (MarketWatch) -- All U.S. stock and option trading will be closed on Monday because of Hurricane Sandy, with the move adding to earlier plans to close floor trading only. Markets may also remain closed Tuesday, reports said. The decision to keep the markets shut on Monday came after an agreement between the bourses, regulators and trading firms late Sunday. Earlier Sunday, exchanges said they would largely be open for electronic trading, while closing their trading floors. U.S. equity futures were broadly down late Sunday night, with Dow Jones Industrial Average (DJI:DJIA) futures off 21 points at 13,033, S&P 500 (SNC:SPX) futures 0.2% lower at 1,405.40, and Nasdaq 100 (NASDAQ:NDX) futures losing 0.2% to 2,654.75.

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U.S. stock exchanges to close Monday


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