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New York Stock Exchange is reopening Wednesday

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press
Tuesday, October 30, 2012 - 1:43 pm

NEW YORK – The New York Stock Exchange says normal trading will resume Wednesday, with buying and selling on both the trading floor at 11 Wall Street as well as electronically.

Contrary to earlier reports, the exchange said its historic trading floor was not damaged by Hurricane Sandy. The exchange said in a statement Tuesday that its building and trading floor are fully operational.

The exchange had been shut down for two days, the first time that has happened because of weather since 1888.

Sections of Manhattan were inundated with water and power was shut off to thousands of people and businesses.

Global markets rebounded Tuesday, though trading was subdued in the wake of the storm.