It’s a shorter week for markets heading into Easter weekend, with U.S. stock exchanges closing a day early, ending the trading week at the closing bell Thursday, known as Holy Thursday , with no equity trading the following day, Good Friday.Bond markets, on the other hand, operate on a more abbreviated schedule, with trade ending Thursday at 2 p.m. Eastern. SIFMA, the trade association for broker-dealers, recommended the market be closed on Friday.
In Europe, stock exchanges will be closed on Good Friday, April 15, through Easter Monday, April 18, reopening on Tuesday. President Joe Biden said Tuesday he will allow high-ethanol blends of gasoline to be sold this summer, typically a heavy driving season, to help offset inflation, which in the U.S. is running at its highest level since 1981.