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By Phil Flynn |
October 30, 2012
Natural gas got a boost after a report that U.S. electric companies are preparing for weather that could close some East Coast nuclear plants with Hurricane Sandy coming ashore. Worries about nuclear power may go beyond that.
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By Nina Mehta and Nikolaj Gammeltoft, Bloomberg |
October 29, 2012
U.S. stock trading was canceled for a second day, joining bond markets, as 90-mile-per-hour winds and surging seas from Hurricane Sandy bore down on New York and paralyzed American capital markets.
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By Nina Mehta and Nikolaj Gammeltoft, Bloomberg |
October 29, 2012
The U.S. securities industry canceled all equity trading today and will shut bond markets early, moving to protect workers as Hurricane Sandy barreled toward New York City with 85-mile-per-hour winds and the threat of an 10-foot sea surge.
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By Cordell Eddings and Anchalee Worrachate, Bloomberg |
October 29, 2012
Treasuries rose, pushing 10-year note yields to almost a two-week low, amid concern that Hurricane Sandy will disrupt business and hurt the U.S. economic recovery.
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By Phil Flynn |
October 29, 2012
As the East Coast and the largest city in the United States, New York, gets ready for Franken-storm, the energy markets will price in the risk and the balance between lost supply and the destruction of demand.
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By Phil Flynn |
October 26, 2012
Hurricane Sandy is far from a dandy, threatening to be one of the worst storms in history. Because it will blow away ghosts and goblins it is being called the “Frankenstorm.” It will also blow energy demand.