U.S. Stock Trading Canceled Because of Hurricane Sandy

U.S. stock trading was shut down on Monday as the New York City area braced for Hurricane Sandy. The Securities and Exchange Commission announced that it had canceled all equity trading on all markets. The cancellation may also extend into Tuesday as Sandy bears down on the area.

The move follows an earlier decision by the New York Stock Exchange to close floor trading because of the storm. It was a judgment decision based on the safety of a lot of market participants, especially as the storm seems to be getting more severe, Larry Leibowitz, chief operating officer of NYSE Euronext, told

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