The global economy is a perpetual motion machine, but U.S. stock exchanges do take breaks: In addition to the weekends, there are nine holidays on which markets are shuttered. Here's the list of market holidays for 2013, as well as the days when exchanges close early.
The global economy is a perpetual motion machine, but U.S. stock markets do take breaks: In addition to the weekends, there are nine holidays on which the stock exchange is shuttered. Here's the list for 2013, as well as the surprising history of Presidents Day.
The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.
U.S. stock exchanges and markets must establish a uniform system for tracking all orders and trades under an SEC rule approved Wednesday. The change should make it easier for the government to investigate market disruptions like the 2010 Flash Crash.
The fabled New York Stock Exchange isn't what it used to be. Today's NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany's Deutsche Boerse wants to buy control of it. I say: "Sell!"
A number of stock market participants believe the SEC's decision to leave exchange-traded funds out of proposed new circuit breaker rules designed to avoid a repetition of the May 6 stock market "flash crash" may do more harm than good.
Any S&P 500 stock that has a 10% swing within five minutes would get a timeout, with trading in it paused for five minutes across all domestic equity markets. That last point is key.