Which stock markets and other stock exchanges for trading assets are closed on Good Friday? Easter Monday?

It won’t be a typical Easter or Passover on Wall Street during the deadly COVID-19 pandemic that has forced corporate closures worldwide and prompted governments to take socially distant measures to curb their spread.

As is traditionally the case, the US stock exchanges will be closed on Friday on Good Friday, and the stock exchanges in Europe will also be closed on Easter Monday. The action on Wall Street is likely to be more moderate with Passover from Wednesday evening to the evening of April 16.

President Donald Trump had set Easter Sunday as a “beautiful” target date for the US to do business with “crowded churches across our country” again, but that turned out to be an overly ambitious target, although the contagion has glimmered to the slowdown show what points to the possibility of getting the economy going again at some point.

The Securities Industry and Financial Markets Association, a brokerage trading group that recommends measures for the bond market, advises bond traders to close an hour before 2 p.m. Eastern times remain closed on Thursday and Good Friday.

The New York Stock Exchange, owned by the Intercontinental Exchange
ICE CREAM,
+ 2.39%,
and Nasdaq Inc.
NDAQ,
+ 3.64%,
that operates the Nasdaq Composite Index
COMP,
+ 0.77%,
will be closed on Friday. The NYSE has been closed every Friday before Easter since 1889, with two exceptions in 1906 and 1907.

The holiday is a strange holiday for the financial markets in the USA, since Good Friday is not a federal holiday. In fact, it’s one of the few public holidays that aren’t both Wall Street and Federal. These include Columbus Day and Veterans Day, which are federal holidays but not vacation days for Wall Street.

As a result, data such as the Consumer Price Index, a weighted average for a range of consumer goods, will be released on Friday at 8:30 a.m. Eastern, even if retailers are off.

Markets struggled to gain a foothold as investors attempted to process the duration and economic severity of the coronavirus outbreak. CPI data is unlikely to show an immediate impact from the pandemic, but other reports, including last Friday’s job numbers showing 701,000 lost jobs in March and a record 6.6 million jobless claims on Thursday, show clear signs of the devastation caused by COVID shown. 19th

Nevertheless, the markets have recently held onto data points that are mildly spread across hotspots such as New York and various locations in Europe. This notion provided support to the bulls and spurred the Dow Jones Industrial Average
DJIA,
+ 1.22%,
the S&P 500 index
SPX,
+ 1.44%

and the Nasdaq.

US commodity markets, including gold
GCM20,
+ 3.34%

and crude oil futures
CL.1,
-7.57%,
will be closed on Good Friday.

Perhaps a trade break is a welcome respite for whip-struck investors.

All Western European exchanges, including in Frankfurt
DAX,
+ 3.19%

and the United Kingdom, represented by the FTSE 100
UKX,
+ 2.90%,
and France’s CAC 40
PX1,
+ 1.44%

are closed on Good Friday and April 13, the Monday after Easter.

Elsewhere, the Toronto Stock Exchange and the Hong Kong stock exchanges will be closed on Good Friday
HSI,
+ 1.37%,
Singapore
STI,
+ 1.25%,
Australia
XJO,
+ 3.46%,
New Zealand
NZ50GR,
-0.67%

and South Africa.

Japan stock exchanges
NIK,
-0.19%,
South Korea
180721,
-0.08%

and Taiwan
Y9999,
+ 0.19%,
however, will be open for trading on both days.

.

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Source:dailynewsx.in