New York Stock Exchange Will Partially Reopen After Memorial Day

TOPLINE

Two months after shutting down due to the coronavirus, the New York Stock Exchange will allow some traders to come back to the floor on May 26, NYSE President Stacey Cunningham announced after the market closed Thursday.

KEY FACTS

CRUCIAL QUOTE

“It isn’t clear when America will resume business as usual. The virus will remain a stubborn reality but we can’t keep the country closed indefinitely. Given that, our reopening will bring a “new normal” for the NYSE, hopefully helping chart a path that other businesses in densely populated areas might follow,” Cunningham said.

News peg

It is ultimately unclear when offices in New York and elsewhere will return to normal, but some large companies—including Facebook and Google—are letting employees work from home until the end of 2020. Twitter is letting employees who can work remotely do so on a permanent basis after the pandemic.

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