Relevant for Exams
US markets: Shorter hours Dec 24, closed Dec 25 for Christmas holidays.
Summary
US financial markets observe reduced trading hours on Christmas Eve (December 24) and remain closed on Christmas Day (December 25), a standard annual practice. This routine holiday schedule impacts short-term market liquidity but lacks significant implications for broader economic analysis or competitive exam preparation, as it is not a policy change or major economic event.
Key Points
- 1US financial markets close early on December 24 (Christmas Eve).
- 2US financial markets remain shut on December 25 (Christmas Day).
- 3Markets typically return to a normal schedule on the Friday following Christmas Day.
- 4The year-end period is often characterized by limited economic news.
- 5The term "Santa Claus rally" refers to a market tendency for prices to drift higher at year-end.
Full Article
U.S. financial markets will close early on Christmas Eve and remain shut for Christmas Day, returning to a normal schedule Friday. Stocks traded sideways Wednesday following a record session, with investors anticipating a "Santa Claus" rally. This year-end period typically sees markets drift higher due to limited economic news.