The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed Tuesday for the second day due to superstorm Sandy.
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The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed Tuesday for the second day due to superstorm Sandy.

Storm’s cost could reach $50 billion

The Associated Press

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WASHINGTON — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

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