The Associated Press
NEW YORK - New York Gov. Andrew Cuomo says limited subway service will resume in New York City on Thursday.
Cuomo also says limited commuter rail service on the Long Island Rail Road and the Metro-North railroad will resume at 2 p.m. Wednesday. He says subway service will be supplemented with buses between Manhattan and Brooklyn. He says more details will be released later.
The floodwaters that poured into New York's deepest subway tunnels because of Hurricane Sandy and the hybrid storm it spawned pose the biggest obstacle to the city's recovery.
Many tunnels that carry trains were flooded by the storm, which represents the worst natural disaster in the transit system's 108-year history.
Despite snarled traffic, subways are out of commission subways, flooded streets and power outages in many parts of the city, Wall Street is back in business.
The New York Stock Exchange opened without hitch Wednesday after an historic two-day shutdown, courtesy of Hurricane Sandy.
Bloomberg rang the opening bell at 9:30 a.m., right on schedule, as stock traders cheered from the iconic trading floor below, falsely rumored to be flooded, but dry Wednesday morning, and festive.
The market got off to a mixed start after the shutdown. The Dow Jones industrial average gave up an early gain and was off 11 points at 13,096 at midday.
The Standard & Poor's 500 index edged down one point to 1,410. The Nasdaq lost 15 points to 2,973.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)