Investors breathed a sigh of relief and pushed stocks sharply higher Wednesday after lawmakers agreed late Tuesday on a deal to avert the ‘fiscal cliff’ of tax increases and spending cuts. At one point, the Dow Jones industrial average was up more than 270 points.
Here’s what to expect when Hurricane Sandy hits
Early Monday morning, Hurricane Sandy was lurking offshore like a heavyweight boxer winding up a wallop of a punch. Delmarva — which gets its name from the three states that occupy parts of it: Delaware, Maryland and Virginia — was just one of many population centers along the East Coast
Sandy forces Airlines to cancel flights, move planes
As Hurricane Sandy made its leisurely but threatening trip up the East Coast, airlines canceled thousands of flights, moved planes to safer ground and began offering refunds to stranded travelers. By Sunday evening, more than 6,800 flights scheduled for Sunday and Monday had been canceled, according to travel monitoring site FlightAware.com.
Hurricane Sandy shuts down U.S. stock markets
Hurricane Sandy has shut down U.S. stock markets Monday – and perhaps longer. Sunday night, as the dangerous storm took aim at the heart of the USA’s financial district, both the New York Stock Exchange and Nasdaq stock market said they will not open for trading Monday due to Hurricane Sandy.