Terrorist attack hits global markets

Exchanges close indefinitely...

Exchanges close indefinitely...

Terrorist attacks in New York and Washington DC have halted trading on the Nasdaq and NYSE stock exchanges. Two planes hit the World Trade Center in New York at 09:00(EST). At the time of writing, official reports say six people have been killed and thousands injured. Trading has ceased on the Nasdaq, and the NYSE has suspended the opening of trading indefinitely. TV News channels have also been showing pictures of smoke pouring out of the Pentagon, the US military headquarters in Washington DC. A Palestinian terrorist group, the Democratic Front for the Liberation of Palestine, was originally thought to be behind the attacks. But the group has now denied any responsibility. The attack wiped 70 points off the value of London's FTSE100, which had been up 65 points prior to the attack. At 09:57(EST) a third explosion had been reported in New York. More to follow...