Markets to shut for second day

Press Association
Wall St
Wall St

Stock trading will be closed in the United States for a second day as Hurricane Sandy bears down on the east coast.

The last time the New York Stock Exchange was closed for weather was in 1985, because of Hurricane Gloria, and it will be the first time since 1888 that the exchange will have been closed for two consecutive days because of weather. Bond trading will also be closed on Tuesday.