New York subway may be closed for days

2012-10-30 21:28
Sandbags are piled in front of the New York Stock Exchange and a close-by subway entrance. (Timothy A Clary, AFP)

Sandbags are piled in front of the New York Stock Exchange and a close-by subway entrance. (Timothy A Clary, AFP)

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New York - New York's subway system could remain closed for at least four or five days as a result of heavy flooding caused by Hurricane Sandy, Mayor Michael Bloomberg said on Tuesday.

Bloomberg could not offer a firm estimate about when service would resume in the nation's largest transit system, saying that a reasonable guess was four or five days.

Meanwhile, the New York Stock Exchange and the Nasdaq exchange announced they will reopen on Wednesday after Sandy forced a two-day shutdown, the markets' first closure since the 9/11 attacks of 2001.

"We are pleased to be able to return to normal trading tomorrow [Wednesday]," said NYSE Euronext chief executive Duncan Niederauer.

"Our building and systems were not damaged and our people have been working diligently to ensure that we have a smooth opening tomorrow."

- SAPA
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