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Bell rings but trading floor chaos subdued as NYSE reopens
Read full article: Bell rings but trading floor chaos subdued as NYSE reopensTrader Daniel Krieger signals a thumbs-up as he arrives at the New York Stock Exchange where the trading floor reopens, Tuesday, May 26, 2020. (AP Photo/Mark Lennihan)NEW YORK The trading floor of the New York Stock Exchange reopened for the first time in two months with New York Gov. Cunningham said most of the areas outside of the trading floor will remain empty and the majority of employees will continue to work remotely. Several thousand brokers and others used to crowd the trading floor of the NYSE as recently as the 1990s. But in the years since, the rise of electronic trading grew to dominate the action on Wall Street.
In an early US coronavirus hot spot, business slowly reopens
Read full article: In an early US coronavirus hot spot, business slowly reopensMore on those and other coronavirus-related developments in New York:___FOCUS ON REOPENINGAfter weeks of declining deaths and hospitalizations, Gov. The mid-Hudson Valley, including the citys northern suburbs, on Tuesday became the latest region of New York state to begin slowly phasing in economic activity. Long Island was expected to follow Wednesday, which would leave New York City as the only region awaiting the start of reopening. Cuomo said the state will direct outbreak-fighting resources to 10 city ZIP codes that account for many of the new hospitalizations. ___CONTACT TRACERSNew York City has hired 1,700 contact tracers who will monitor infected people and reach out to their close contacts, de Blasio said Tuesday.