EconoMonitor

Look Out Below, Hurricane Sandy Version

click for updated futures

as of 7.32am

 

Stock and options exchanges are closed in the U.S. on Monday; this will be the first (unscheduled) market-wide shutdown since the 9/11 attacks due to the impending Hurricane Sandy. U.S. Securities and Exchange Commission announced that all trading of U.S. equities will be cancelled on Monday. Depending upon the impact of Sandy on Monday night, it is possible markets will be closed Tuesday as well.

As you can see in the graphic above, Futures are still trading.

Asian markets were mixed;  Crude is lower, but gasoline prices are ticking up. European markets fell modestly.

This post was originally published at The Big Picture and is reproduced here with permission.

One Response to “Look Out Below, Hurricane Sandy Version”

Most Read | Featured | Popular

Blogger Spotlight

Thomas Grennes Thoughts From Across the Atlantic

Thomas Grennes is a professor of economics at the North Carolina State University and a former visiting faculty member at the Stockholm School of Economics in Riga. His research has dealt with various aspects of international economics, including open economy macroeconomics, international finance, and international trade in agricultural products. Recent research topics have included macroeconomic aspects of the Great Moderation, offshore outsourcing, sovereign wealth funds, and the relationship between government debt and economic growth. Earlier work dealt with emerging market issues in the Baltic countries and Russia and trade and macro policies in Sub-Saharan Africa. Economic history topics include the Columbian Exchange of plants and animals, the effects on food markets of introducing mechanical refrigeration, and the integration of Tsarist Russia into the world grain market. When he is not involved in economics, he enjoys mountain hiking.

Economics Blog Aggregator

Our favorite economics blogs aggregated.