Merry Christmas, Wall Street! But there's no New Year's Day holiday for the stock market this year---here's why.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Merry Christmas, Wall Street! But there’s no New Year’s Day holiday for the stock market this year—here’s why.

Blame it on an obscure rule. For the first time in a decade, there will be no stock market closure in observance of New Year’s Day.

In this case, the last day of December is a trifecta of accounting dates, including month-end, quarter and year-end dates and comes after markets have experienced a bout of volatility in recent days. By Tuesday afternoon, however, markets had made up for those losses and then some and the 10-year Treasury note yield TMUBMUSD10Y, 1.461%, was hanging near 1.50% after putting in a 3 p.m. Eastern Time finish at 1.418%, according to Dow Jones Market Data.It is worth noting though that, the U.S. Securities Industry and Financial Markets Association, a trade group, recommends a 2 p.m. ET close for trading in Treasurys on Dec. 31.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Bullish 🚀

The markets must remain open!

They can dump on more fear when they talk to friends about Covid the night before while wasted.

Its a puzzle why they close at all. Crypto trades 24/7. The value of an asset doesn't dissolve at 5pm and re-gains it's value at 9am. Choice is ultimately the problem

Samir_Madani Bet there won't be much trading...

Trading and alcohol don’t mix well.

TradesTrey matt_kohrs

Sad really

Indonesia Berita Terbaru, Indonesia Berita utama