Bulletin
Investor Alert

The Tell Archives | Email alerts

Nov. 29, 2019, 8:42 a.m. EST

Shortened holiday trading for U.S. markets on Friday

Traders do have to show up to work on Friday, but it’ll be a short day for the most part

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    S&P 500 Index (SPX)
  • X
    Dow Jones Industrial Average (DJIA)

or Cancel Already have a watchlist? Log In

By Andrea Riquier


Getty Images

U.S. financial markets will see a shortened trading session Friday, as investors dig into holiday shopping and Thanksgiving leftovers.

After closing for Thanksgiving, markets will operate on a shortened schedule on Friday. Both the New York Stock Exchange and the Nasdaq will close at 1 p.m. Eastern.

In a twist on the normal state of affairs, bond traders will have a longer workday on Friday than stock investors: the Securities Industry and Financial Markets Association, SIFMA, has recommended the bond market close at 2 p.m. Eastern on Friday.

See: Get ready for a jolly holiday season, and maybe a stock-market rally, Ned Davis Research says

The early close on Friday isn’t just to allow people time to hit Black Friday sales. It’s largely because so few people will be around. In fact, trading volumes on the days around Thanksgiving are usually skimpier than the losing end of the wishbone.

According to Dow Jones Market Data, trading on the NYSE during Thanksgiving week was 11.4% lower than the average of the rest of the year in 2018, while volumes on the Nasdaq were 14.5% lower.

Here’s hoping traders rest well this week. According to various pundits, the markets are about to get interesting. We’ll either end the year with a “Santa Claus rally,” or a lump of coal. For the year to date, the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.47%  is up more than 25%, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.40%  has gained more than 20%.

Related: A brief history of trading hours on Wall Street

/zigman2/quotes/210599714/realtime
US : S&P US
3,386.15
+15.86 +0.47%
Volume: 1.73B
Feb. 19, 2020 5:05p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
29,348.03
+115.84 +0.40%
Volume: 242.65M
Feb. 19, 2020 5:05p
loading...

Andrea Riquier reports on housing and banking from MarketWatch's New York newsroom. Follow her on Twitter @ARiquier.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.