NYSE and all US markets to remain closed on Monday 10/29/12

• US Markets closed on Monday 10/29/12 and possibly Tuesday
• The decision, made late Sunday night, leaves the American stock markets closed for weather conditions for the first time in nearly three decades.

All United States stock and options markets will close on Monday as Hurricane Sandy approaches, reversing course as Wall Street braces for the storm to barrel through the heart of the country’s financial center.

The decision, made late Sunday night, leaves the American stock markets closed for weather conditions for the first time in nearly three decades. The New York Stock Exchange had previously planned on closing only its physical trading floor, while allowing for trading on its Arca electronic exchange. It has now decided to halt all trading.

Sandbags surround the entrance to the New York Stock Exchange in Lower Manhattan on Sunday night in anticipation of Hurricane Sandy. The NYSE has cancelled all trading until the storm danger passes.

NYSE status alert