Wall Street looks forward to happy holidays and a farewell to a 2021 pandemic, with the last two weeks of December representing abbreviated sessions.
On Thursday, the New York Stock Exchange and the Nasdaq will close trading at 1:00 p.m. (and 1:15 p.m. for some options contracts), while the Securities Industry and Financial Markets Association recommends closing at 2 p.m. : 00 to trade in bonds, including the 10-year Treasury Note TMUBMUSD10Y,
At the commodity complex, the energy and metals markets, it will close about an hour earlier, with the metal trade, including GOLD gold futures,
at Comex, which will end at 12:30 p.m., and West Texas Intermediate Crude Trade on the New York Mercantile Exchange CLG21,
is scheduled to end at 1:30 p.m.
The British market, with the FTSE 100 UKX,
it is reduced by 0.5% on the day, closes at 12.30pm local time on Thursday and will close during the Boxing Day holiday on 26 December. .
Meanwhile, US stock markets, futures on energy and gold, will be open during the full trading day on New Year’s Eve, while Sifma recommends a 14-hour close for the bond market.
Most global financial markets will close on Friday, January 1, 2021, for New Year’s Day.
Equity markets aim to close the months of December and 2021 with a high note after a historic and heartbreaking year that will go down in market annals. The Dow Jones Industrial Average DJIA,
It was expected to close the month at 2%, with a gain of 5.9% year-on-year so far, the S&P 500 SPX index,
observed a rise of 2% in December and an annual return of more than 14%, while the Nasdaq Composite Index COMP,
it was on track for a 4.5% rise in the month and a 42% rise to date.