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CNBC: Markets Closed Tommorrow
CNBC ^ | Breaking | self

Posted on 09/11/2001 1:24:36 PM PDT by budman_2001

Just announced on channel. Also mentioned that UDS is freefalling in overseas markets. Developing. "Financial Markets in a state of panic" is one quote just used. Markets may be also closed Thursday.


TOPICS: Breaking News; News/Current Events
KEYWORDS:

1 posted on 09/11/2001 1:24:37 PM PDT by budman_2001
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To: budman_2001
CNBC reports US markets closed until Monday at a minimum. Banks that clear transactions were in the World Trade Center.
2 posted on 09/11/2001 1:27:44 PM PDT by Partisan Hack
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To: Partisan Hack
Hang on... the ride's going to be a little bumpy for a while.
3 posted on 09/11/2001 1:32:27 PM PDT by fuquadukie
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To: budman_2001
I guess my office will be closed tomorrow. It's going to be a crazy week!
4 posted on 09/11/2001 1:34:14 PM PDT by areafiftyone
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To: budman_2001
A Monday open was just an opinion. Not news... My bad.

Jeeze I'm rattled!

5 posted on 09/11/2001 1:35:15 PM PDT by Partisan Hack
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To: Partisan Hack
Just reported now that SEC will decide tommorrow when markets will re-open.

Further, world commodity markets are up (London oil at $31.82/bbl, Au at $291 rising).

Further, market historian Yale Hirsh opines that Feds and World Funds will step in to shore up any weakness. He feels shorts run for cover, and cause an immediate short sqeeze.

Finger on the sell button?

6 posted on 09/11/2001 1:40:34 PM PDT by budman_2001
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Comment #7 Removed by Moderator

To: Freedom007
Cantor Fitzgerald is a huge broker of securities. There are billions of dollars of securites passing through their hands hourly in dealer to dealer transactions that will have to be sorted out. I understand that they were on the floors that were directly hit - not confirmed.
8 posted on 09/11/2001 1:51:49 PM PDT by groanup
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To: budman_2001
Federal Reserve Makes Money Available After Attacks...
9 posted on 09/11/2001 2:25:54 PM PDT by RCW2001
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To: budman_2001
Re #6: "Finger on the sell button?"

Wait a few days, see what shakes out globally in response, try the buy button.

Say, is that "Bud" as in "Budweiser" or as in "nice buds?"

10 posted on 09/11/2001 5:00:07 PM PDT by Pearls Before Swine
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