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The opening followed days of scrambling by NYSE officials to make sure power, telecom connections and computers would be ready. Many workers on the floor use the subways to get downtown, but Hurricane Sandy left the system with its worst damage in its 108-year history. New York's governor, Andrew Cuomo, says limited subway service will resume in New York City on Thursday. About three stocks rose for every one that fell on the New York Stock Exchange. Trading volume was 3.4 billion shares, in line with the recent average. The yield on the 10-year Treasury note fell to 1.69 percent from 1.72 percent at midday Monday. Bond trading was closed Tuesday and ended early Monday because of the storm. Among other stocks making big moves: Facebook fell 83 cents to $21.11, a loss of nearly 4 percent. Facebook employees became eligible this week to sell restricted stock for the first time. Up to 1.5 billion more shares could be sold, about 3.5 times the 421 million shares that had been trading since Facebook's initial public offering in May. General Motors jumped $2.22 to $25.50
after the company reported a turnaround in its South American
business and gave a brighter outlook for sales in Europe. GM
posted better-than-expected results internationally outside of
China
[Associated
Press;
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