On Wall Street, It's Business as Unusual

Storm Upends Stock and Bond Markets and Thins Activity in Currencies and Commodities; 'Like a Four-Day Weekend'

According to a WSJ report traders and analysts pushed to the sidelines by the approach of Hurricane Sandy spent Monday trying to limit damage to their portfolios, prepare for whenever markets reopen and keep an eye on assets such as oil and international stocks that are still changing hands.

Some who live and work in the storm's path labored from home, while others reserved hotel rooms near their offices in case the commute became too dangerous. All had to adjust to the extraordinary weather that shut down markets for U.S. stocks and other assets and left trading thin in others.

Even with the U.S. stock market closed, investors found ways to trade. "You can work around it to a certain extent," said Nanette Buziak, head of equity trading at ING Investment Management. On Monday morning, "where I would have been trading in stocks, we ended up trading what we needed to in futures. We're also still trading where we need to in international markets."

Read all about it at http://online.wsj.com/article/SB10001424052970204840504578086732176501780.html?mod=WSJ_hps_LEFTTopStories