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Economic losses due to Sandy estimated at over $20 bn

As the states of New York and New Jersey, the worst hit by the monster storm, begin the recovery process, experts believe the losses will add up to over USD 20 billion.

NYSE and Nasdaq reopens after two day shut down

This is for the first time in more than a century that NYSE has been closed for two consecutive days due to weather related events since 1888.

NYSE suspends all trading as US braces for major storm

US stock trading will be closed on Monday in view of the Hurricane Sandy that hit the country and has affected normal lives.