Is the stock market open on New Year's Eve?
- U.S. stock futures hugged the flatline overnight before the final
trading session of 2020, with investors looking to bid farewell to a
pandemic-stricken year and pop open the champagne for breakfast.
- While trading desks will be lightly staffed, the stock market, as well
as energy and gold futures, will be open for a full trading session on
New
Year's Eve, though the bond market will close up shop a little early at 2
p.m. ET.
- It's been a crazy past 12 months for stocks, which started the year at
record, followed by a bear market, then another record high. The S&P 500
is up
15.5% for the year and the Dow has advanced 6.6%, while the Nasdaq has
soared
more than 43%.
- Perhaps even more notable, the small-cap Russell 2000 has gained
nearly 19% YTD. "Even before the vaccine news, the macro backdrop for
this theme was getting better," Je...
The only certain thing is the loss of the time value (while trading options)