Hurricane Sandy to keep stock markets shuttered Tuesday CNBC's Bob Pisani has the latest on whether the exchanges will remain closed tomorrow. ET: For the first time since the Great Blizzard of 1888, U.S. stock markets will be closed for two consecutive days due to weather. The decision to close financial markets for a second straight day on Tuesday was made during a call between industry executives and regulators on Monday, Reuters said. The New York Stock Exchange and the Nasdaq Stock Market both said they intend to remain closed for business again. The bond market will also remain closed on Tuesday. The NYSE shuttered its operations on Monday as Hurricane Sandy neared landfall on the East Coast, bringing about the first unplanned shutdown since the September 2001 terrorist attacks. Every effort is being made to reopen U.S. stock markets on Wednesday, but a final decision has not been made yet, according to Reuters. "We intend to re-open our U.S. markets on Wednesday ... conditions permitting; updates will be provided tomorrow," the NYSE said in an e-mail. 11, 2001, due to the terrorist attacks, and the exchange last closed for a weather related event in 1985, for Hurricane Gloria. Tuesday's closure would mark the first weather-related consecutive-day closing since 1888, when a blizzard left drifts of snow as high as 40 feet. All major U.S. stock and options exchanges were closed Monday. Options and other exchange-based derivatives will remain closed on Tuesday due to the storm. There had been plans to allow electronic trading to go forward on the New York Stock Exchange Monday, but with all mass transit shut down in and out of Manhattan, the risks were determined to be too great. Safety is the main concern, he said, adding that it's "absolutely right" that the markets remain closed Monday, and on Tuesday. Sandy was aimed at the most densely populated U.S. region on Monday, forcing hundreds of thousands to seek higher ground, halting public transport and closing schools, businesses and government departments. On Friday, the government is expected to issue the last employment report before the U.S. presidential election. A U.S. official said on Monday that it was unclear if a powerful storm heading toward the country's east coast would delay the release of October's employment report.