On Its 10th Anniversary, Nasdaq Evacuated for a Bomb Scare

Before you go, we thought you'd like these...
Before you go close icon
The Nasdaq (NDAQ) MarketSite in New York's Times Square was evacuated briefly Wednesday afternoon while a bomb squad investigated an abandoned van in the area. The broader stock market shrugged off the news, but the bomb scare could put a damper on a closing-bell ceremony marking the 10-year anniversary of the exchange's Midtown home.

%%DynaPub-Enhancement class="enhancement contentType-HTML Content fragmentId-1 payloadId-61603 alignment-right size-small"%%A bomb squad was using a robot-based camera to approach the vehicle, the Associated Press reported. The white van, a 1992 Dodge with tinted windows, has a placard from a nonexistent law-enforcement agency on the dashboard and no license plate, according to the AP.

Police blocked off the area around 42nd Street between Seventh Avenue and Broadway -- home to publishing giant Conde Nast as well as the Nadsaq MarketSite -- as a precaution. Police responded around 8:30 a.m. after a 911 call about a suspicious vehicle, the AP said.

As a purely electronic exchange, the Nasdaq doesn't have a bustling trading floor like the New York Stock Exchange (NYX). The MarketSite, which first opened on Dec. 28, 1999, gives Nasdaq a physical presence and houses a TV studio for financial reporters. The evacuation was canceled around 1 p.m. And a Nasdaq spokesperson says the anniversary ceremony will proceed as scheduled, with New York City Mayor Michael Bloomberg ringing the bell.
Read Full Story

Markets

S&P 500 2,191.95 0.87 0.04%
DJIA 19,170.42 -21.51 -0.11%
NASDAQ 5,255.65 4.55 0.09%
DAX 10,513.35 -20.70 -0.20%
HANG SENG 22,564.82 -313.41 -1.37%
NIKKEI 225 18,426.08 -87.04 -0.47%
USD (per EUR) 1.07 0.00 0.00%
USD (per CHF) 1.01 0.00 0.03%
JPY (per USD) 113.50 0.02 0.02%
GBP (per USD) 1.27 0.00 0.01%

From Our Partners