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14/09/2001
Wall Street to reopen on Monday
Wall Street has promised to reopen for business on Monday September 17 following Tuesday’s terrorist attacks in the United States.
While the market's closure is the longest since the great crash of 1929 the New York Stock Exchange (NYSE), Nasdaq Stock Market, American Stock Exchange and other members of the trading community are planning extensive testing on Saturday to make sure systems are working.
However, some trading involving government bonds and commodities have taken place as both the Chicago Board of Trade and Chicago Mercantile Exchange reopened.
Neither the NYSE, Nasdaq or Amex's trading abilities were directly harmed by the attack, while most big financial firms have backup facilities from which they can do business.
An estimated 100,000 people are expected back to work when the markets reopen. (MB)
While the market's closure is the longest since the great crash of 1929 the New York Stock Exchange (NYSE), Nasdaq Stock Market, American Stock Exchange and other members of the trading community are planning extensive testing on Saturday to make sure systems are working.
However, some trading involving government bonds and commodities have taken place as both the Chicago Board of Trade and Chicago Mercantile Exchange reopened.
Neither the NYSE, Nasdaq or Amex's trading abilities were directly harmed by the attack, while most big financial firms have backup facilities from which they can do business.
An estimated 100,000 people are expected back to work when the markets reopen. (MB)
Related Northern Ireland Business News Stories
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12 September 2001
Fears of an economic meltdown recede
European stock markets were beginning to show signs of recovering from Tuesday’s plunge triggered by fears that the terrorist attack on the US would lead to a recession.
Fears of an economic meltdown recede
European stock markets were beginning to show signs of recovering from Tuesday’s plunge triggered by fears that the terrorist attack on the US would lead to a recession.
02 February 2004
ITV shares begin trading on London Stock Exchange
ITV plc, the company formed on the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares concluded on Friday's close, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
ITV shares begin trading on London Stock Exchange
ITV plc, the company formed on the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares concluded on Friday's close, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
21 September 2001
Shares rebound sharply from five-year low
The London share market has rebounded sharply from a period of freefall in early morning trading. At one point it looked as though investors were prepared to abandon shares in favour of government bonds and other assets viewed as safe bets in time of war, but markets bucked this trend during a fierce turnaround in afternoon trading.
Shares rebound sharply from five-year low
The London share market has rebounded sharply from a period of freefall in early morning trading. At one point it looked as though investors were prepared to abandon shares in favour of government bonds and other assets viewed as safe bets in time of war, but markets bucked this trend during a fierce turnaround in afternoon trading.
11 April 2002
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
10 September 2001
Stock markets worldwide in steady decline
Sparking renewed fears of a global recession share prices continued to fall worldwide, as global stock markets remained in the grip of a steady decline that only looks set to intensify.
Stock markets worldwide in steady decline
Sparking renewed fears of a global recession share prices continued to fall worldwide, as global stock markets remained in the grip of a steady decline that only looks set to intensify.
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Northern Ireland WeatherToday:Low cloud, mist or fog at first will clear through the morning to leave a dry day with some prolonged sunny spells through the afternoon. Maximum temperature 21 °C.Tonight:Dry with clear spells for most places through the evening and overnight will allow the odd mist or fog patch to form. Coastal low cloud spreads into northern counties. Minimum temperature 9 °C.
