U.S. exchanges will be closed in observance of Good Friday and those in Europe will also be closed for Easter Monday. However, it will mark an interesting trading day on Friday with markets digesting labor-market data for March that could help to provide further evidence that the American economy is clawing back from the worst pandemic in over a century.
Good Friday is a quirky holiday for financial markets in the U.S. because Good Friday isn’t a federal holiday. In fact, it is among the few holidays that isn’t both a Wall Street and a federal holiday. Those include Columbus Day and Veterans Day, which are federal holidays but aren’t vacation days for Wall Street.
Read: Archegos chaos signals ‘fear of missing out’ rampant on Wall Street, GMO’s Inker tells MarketWatch The Dow Jones Industrial Average DJIA, +0.52% rose 7.8%, the S&P 500 is up 5.8% and the Nasdaq Composite Index COMP, +1.76% increased 2.8%. The small-cap Russell 2000 RUT, +1.50% jumped more than 12%.
Well needed break!!
Not defi 😂🤑