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New York Stock Exchange ready for trading Monday

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August 28, 2011 01:39 PM EST | AP


NEW YORK — The New York Stock Exchange and NASDAQ are ready to open for trading Monday.

A spokesman for the New York Stock Exchange says its building and systems are all in working order after the worst of Tropical Storm Irene passed New York. The Nasdaq stock exchange also expects to open normally.

The Securities and Exchange Commission has not yet issued its decision.

Mayor Michael Bloomberg said he was lifting the evacuation order for lower Manhattan as of 3 p.m.

The city's transit system shut down ahead of the storm and was not immediately reopened. The flooding and damage in the region were not as severe as officials had feared.

Weather has shut down or delayed the opening of the stock markets about two dozen times in the past.