NYSE And Nasdaq To Reopen Wednesday; CNN, Weather Channel Retract False Report Of NYSE Flooding

UPDATES: Both U.S. exchanges reported no damage from the storm, which last night pushed a sea surge well into Lower Manhattan and flooded the financial district around Wall Street. The floor and building of the NYSE “are fine,” Robert Rendine, a spokesman, wrote in an e-mail to Bloomberg today. The stock market was closed Monday and Tuesday — the first time trading had been suspended for two days because of weather since 1888.

Meanwhile, CNN and The Weather Channel were forced to backtrack after falsely reporting Monday night that there was three feet of water on the floor of the NYSE. CNN meteorologist Chad Myers and The Weather Channel’s Bryan Norcross reported the closed building had flooded, with Myers citing “the National Weather Service, through broadcast media”, presumably referring to The Weather Channel. The report soon began to unravel. Tweets from Politico’s Ben White and NY1’s Pat Kiernan denied the report. A spokesperson for the NYSE then told ABC that the Weather Channel had issued an “egregiously false” report. Both organizations retracted the report.

This article was printed from https://deadline.com/2012/10/nyse-nasdaq-to-reopen-wednesday-storm-362291/