U.S. Stock Market to Remain Closed on Tuesday

Politics Reuters

Sandbags block the entrance of the New York Stock Exchange in downtown Manhattan as Hurricane Sandy made its approach in New York October 29, 2012. Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthened on Monday after ... hundreds of thousands moved to higher ground, public transport shut down and the U.S. stock market suffered its first weather-related closure in 27 years. REUTERS/Andrew Kelly (UNITED STATES - Tags: ENVIRONMENT DISASTER BUSINESS) (REUTERS)

U.S. stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday, with an official announcement coming shortly, people who were on an industry-wide call on the matter said on Monday.

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Every effort is being made to reopen markets on Wednesday, but a final decision has not been made yet, one of the people said.