The stock markets in New York are to reopen after their longest closure since 9/11 due to the superstorm Sandy.
Mayor Michael Bloomberg is due to ring the opening bell at the New York Stock Exchange on Wednesday morning. Nasdaq will also open after being closed for two days.
Sandy has flooded the subway and submerged much of Lower Manhattan near the financial district.
The cost of clearing up after the storm is estimated at $30-40bn (£18-24bn).
"NYC will be open for business tomorrow. The financial markets will resume, as will businesses in all 5 boros," the mayor tweeted late on Tuesday.
"New Yorkers are rising to the occasion today. It will take some time, but with common purpose we are on the road to recovery."
It is the first time the weather has shut the stock markets for two consecutive days since 1888.
Backlog fearsSome analysts are concerned that the length of time that the markets have remained closed could lead to the backlog of pending trades overwhelming the system.
"You build up pressure when you keep people out of the markets," said Mark Travis, president of Intrepid Capital Funds. "Trading volume that may normally happen in a two-day period could get compressed into an hour or two when markets reopen."
NYSE said it would reopen Wednesday using backup generators - for the first time - because power is out in much of downtown Manhattan.
The exchange also said that one of its key data centres in New Jersey was in good condition after the storm and would be fully up and running.
Duncan Niederauer, chief executive of NYSE Euronext, said on Tuesday: "Our building and systems were not damaged and our people have been working diligently to ensure that we have a smooth opening tomorrow."
Businesses are slowly getting back to normal. The two biggest international airports, JFK and Newark Liberty, are scheduled to open for a limited service on Wednesday.
Beyond New York City, public transport has been halted in several eastern US cities. Eight million people have no power and 18,000 flights have been cancelled.
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