"NEW YORK (AP) — This is the New York Stock Exchange's first weather-related consecutive-day closing since 1888, when a blizzard left drifts of snow as high as 40 feet in New York.

 

CME Group Inc., which operates exchanges that trade commodities, futures, options and securities related to interest rates, said its equity markets will be closed Tuesday. However, it will reopen its equity index futures and options on futures markets late Monday for overnight electronic trading.

 

CME's interest rate markets will reopen late Monday for overnight trading and remain open on Tuesday.

 

Hurricane Sandy strengthened and sped up as it approached the East Coast on a predicted path to make landfall by early Monday evening in southern New Jersey or Delaware.— putting it on a collision course with two other weather systems that would create a superstorm with the potential to wreak havoc over an 800-mile area, from the East Coast to the Great Lakes.

Parts of lower Manhattan near the Financial District are under mandatory evacuation orders. By Monday afternoon, flood waters from New York harbor had flooded the esplanade at Battery Park, a short walk south of the New York Stock Exchange.

 

Those conditions are expected to worsen over the next two days as the storm surge intensifies."