Wall Street reopens after being shut for two days
NEW YORK (AP) – Wall Street is getting back to work.
Trading resumed on the New York Stock Exchange Wednesday after being closed for two days because of Hurricane Sandy. New York Mayor Michael Bloomberg ran the opening bell.
The exchange is running on backup generators since power is out in large parts of downtown Manhattan.
The market got off to a good start after the shutdown, with stocks moving higher.
General Motors rose 4 percent after reporting earnings that beat Wall Street’s forecasts.