New York Stock Exchange reopened its floor after a two month closure

Governor Andrew Cuomo rings the opening bell at the New York Stock Exchange as the NYSE reopens after being closed for two months on Wall Street in New York City

New York Stock Exchange reopened its floor after a two month closure

Cunningham has said the NYSE waited to resume floor trading until it could implement effective safety strategies.

"Two months later, we've learned a lot and are in a position to reopen the floor with vital new safety measures, as we begin working together to restart the USA economy".

Moreover, all those coming into the NYSE will be asked to avoid public transportation during their commute. Personal protective equipment like face masks will be required, and social distancing guidelines will be in place along with hand sanitizer dispensers and plastic barriers a common presence on the floor.

The NYSE operates the last USA stock-trading floor, and a raft of all-electronic competitors having eaten away at the Big Board's once-dominant market share.

Pedestrians walk past the New York Stock Exchange as the building opens for the first time since March on May 26, 2020.

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During the past Memorial Day weekend, Americans flocked to beaches, and many of them did not follow social distancing guidelines or wear a mask. States should open up ASAP.

"Our reopened floor will look different from the iconic images so many have grown accustomed to seeing televised throughout the trading day", NYSE President Stacey Cunningham wrote in the Wall Street Journal.

"The New York Stock Exchange facade is the face of capitalism, and the economy more broadly, and so recognizing the fact that we can set an example for how America should reopen slowly, cautiously, flexibly, ready to move as needed is an important thing for our economy", she explained.

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 from computer terminals grew to dominate the action on Wall Street.

Worldwide, the virus has infected almost 5.5 million people, killing over 346,000, according to a tally by Johns Hopkins University.

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There was some optimism about the race for a vaccine.

On Tuesday, however, the World Health Organization said that the world remains mired in only the first stage of the pandemic, putting a damper on hopes for a speedy global economic rebound. Europe has recorded about 170,000 deaths, while the USA was approaching 100,000 in a span of less than four months, more than the number of Americans killed in the Vietnam and Korean wars combined. The Dow surged more than 600 points at the opening bell.

The NYSE is owned by Intercontinental Exchange, based in Atlanta.

Brokers had their temperatures taken before entering the building and had to sign a legal document stating they understood the risk of trading on the floor.

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