Banks in Fed talks over extended closure of market

US - Stock markets in the US will be closed today in the wake of the terrorist attacks which sent stock prices elsewhere in the world plunging and investors rushing for the safe havens of gold and government bonds.

Investment banks were last night in talks with the Federal Reserve. Several of them advised suspending all securities trading in the US for the rest of the week. They said they were concerned about levels of liquidity with traders struggling to get to work.

However, most investment b

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