May 27, 2020 Comments Off on New York Stock Exchange Reopens After Two Months Views: 407 Downtown New York, New York News, Top New York

New York Stock Exchange Reopens After Two Months

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The New York Stock Exchange (NYSE) reopened Tuesday for trading, two months after the trading floor was closed to help contain the spread of COVID-19. The reopening comes with new safety measures, including a requirement to wear masks and practice social distancing.

Additionally, anyone entering the iconic Lower Manhattan building will be required to undergo  screening and a temperature check. The Wall Street Journal reported that traders must sign a waiver acknowledging the risk of being on the floor, and that Intercontinental Exchange, which runs the NYSE, asked firms that employ traders on the floor to provide compensation in the event of any lawsuits.

New York Gov. Andrew Cuomo rang the opening bell Tuesday while wearing a mask. “We are going to rebuild and recreate the economy for the future—stronger than before,” Cuomo said. “Reopening the floor of the New York Stock Exchange is the first step.”

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