Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2021, with the last two weeks in December representing abbreviated sessions.
On Thursday, the New York Stock Exchange and Nasdaq will end trading at 1 p.m. Eastern Time (and 1:15 p.m. for some options contracts), while the Securities Industry and Financial Markets Association recommends a 2 p.m. close for trading in bonds, including the 10-year Treasury note TMUBMUSD10Y,
In the commodities complex, energy and metals markets, will close about an hour earlier, with trading of metals, including gold futures GOLD,
The U.K. market, with the FTSE 100 UKX,
U.S. stock markets, energy and gold futures, meanwhile, will be open for the full trading day on New Year’s Eve, while Sifma recommends a 2 p.m. close for the bond market.
Most global financial markets will be closed on Friday, Jan. 1, 2021, for New Year’s Day.
Equity markets are aiming to close out December and 2020 on a high note after a historic, gut-wrenching year that will go down in the annals of the market. The Dow Jones Industrial Average DJIA,