Does the stock market open on Wednesdays, Thanksgiving Day and Black Friday?

In fact, the Dow Jones Industrial Average
DJIA,
+ 1.53%
Wednesday I touched a historical milestone of 30,000 as investors focused on progressing towards a coronavirus vaccine and the possibility of putting a virus outbreak soon in the rear view mirror.

Investors have also expressed concern about the bumpy road to the Biden administration given President Trump’s refusal to waive the November 3 election.

So the short rest period may be what the epidemiologist described.

After closing Thursday, since 1992, exchanges have committed to a brief trading schedule on the Friday after Thanksgiving Day in the United States.

The New York Stock Exchange and Nasdaq will close at 1 p.m. ET on Friday, while the Securities Industry and Financial Markets Association recommends that bond markets close at 2 p.m.
TMUBMUSD10Y,
0.868%.

Major exchange operators in the United States – Intercontinental-owned New York Stock Exchange
ice,
+ 0.69%And the
American Stock Exchange and Nasdaq
NDAQ,
+ 1.00%

– The lockdown was tentatively called for 2 PM EST for the Friday after Thanksgiving in 1992, two hours before the regular closing bell at 4 PM. But the following year, the exchanges chose to close the markets three hours earlier, at 1 pm

Black Friday is the official start of the holiday shopping season, with many retailers offering deals for those looking for holiday gifts.

There is a good reason for the early shutdowns.

Read: Walmart’s Best Black Friday Deals This Year

We see: 5 items not to be bought during White Friday

In general, trading activity on the Wednesday before Thanksgiving and the Friday that follows is usually a fraction of what it is during normal trading periods other than holidays. Here’s a look at average trading volumes since 2010 on the day before and after Turkey Day (as well as July 4 and Christmas Eve), according to market data from Dow Jones:

However, market performance in recent years during the “Turkey Day” week has been times higher than not.

Nasdaq Composite Index
COMP,
+ 1.31%And the
For example, it ends 69% of the times higher than the week of Thanksgiving. Likewise, the S&P 500
SPX,
+ 1.61%

It ends up 69% of the time, a trend that dates back to the index’s inception in the 1950s, while the Dow Jones is up 63% of the time. Gains

Many Americans are still planning to fly and travel this year despite the sharp rise in COVID-19 and cases Induction From the Centers for Disease Control and Prevention Not to travel for Thanksgiving.

In other markets, there is US floor trading for metals
Go,
-1.93%

And energy contracts
CL.1,
+ 0.46%

At Comex and the New York Mercantile Exchange on Thanksgiving Day.

On Black Friday, metals will stabilize at 12:30 PM, and US crude oil will stabilize at 1:30 PM