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Stocks drifted higher leading into the shortened trading week, which includes the Thanksgiving holiday. The Dow Jones Industrial Average gained nearly 2% for the past week, while the S&P 500 and ...
The week's biggest economic data point will come with markets closed on Friday. Economists expect that "core" PCE inflation rose 0.3% over the prior month in February and 2.8% over the prior year.
The reason was the lack of the modern trading platforms which show the changing prices every moment. As the working week used to be 6-days, the period settings of (12, 26, 9) represent 2 weeks, 1 month and one and a half week. Now when the trading weeks have only 5 days, possibilities of changing the period settings cannot be overruled.
For the week, the Nasdaq Composite rose more than 1%, while the S&P 500 was near flat. The Dow Jones Industrial Average ( ^DJI ) fell more than 2%. All three indexes were still near record highs.
In business, the trading day or regular trading hours (RTH) is the time span that a stock exchange is open, as opposed to electronic or extended trading hours (ETH). For example, the New York Stock Exchange is, as of 2020, open from 9:30 AM Eastern Time to 4:00 PM Eastern Time. Trading days are usually Monday through Friday.
Today marks the start of the Santa Claus trading window, a historically bullish 7-day stretch. The stock market will close at 1 p.m. for a shortened trading session due to Christmas Eve.
Extended-hours trading (or electronic trading hours, ETH) is stock trading that happens either before or after the trading day regular trading hours (RTH) of a stock exchange, i.e., pre-market trading or after-hours trading. [1] After-hours trading is the name for buying and selling of securities when the major markets are closed. [2]
Stocks concluded last week on a hot streak as softer-than-expected inflation data fueled investor optimism around interest rate cuts. The Nasdaq Composite rose more than 3% while the S&P 500 ...