Sandy: Wall Street Mixed After Reopening
US stock markets had a mixed day after their first day of trading since Hurricane Sandy's arrival on the East Coast forced a two-day closure.
The Dow Jones slipped 10.75 points to 13,096.46 while the Standard & Poor's 500 index rose slightly, up 0.22 of a point to 1,412.16. The Nasdaq lost 10.72 points to 2,977.23.
The markets were closed on Monday and Tuesday as Sandy tore through New York, flooding the financial district and subway system and causing widespread power cuts.
But New York Mayor Michael Bloomberg rang the bell at the New York Stock Exchange (NYSE) on Wednesday, signalling Wall Street was open for business again.
To ensure a smooth start, the NYSE invoked a condition to trading known as Rule 48 which helps stop extreme market volatility.
Prices then stayed within a tight range throughout the day and ended mostly unchanged from Friday's close.
The majority of floor traders at the NYSE managed to get to work, despite the closure of the city's subways and train networks.