The market is open tomorrow, link here.
Under NYSE Rule 7.2, which governs the exchange’s holiday observances, the stock markets close on the Friday before a holiday that falls on a Saturday and on the Monday after one that falls on a Sunday — “unless unusual business conditions exist, such as the ending of a monthly or yearly accounting period.”
That clause means the markets won’t close on Friday, Dec. 31, 2021, because it marks the end of a monthly, quarterly and yearly accounting period, requiring a full day’s trading. This last happened 11 years ago, when January 1, 2011, fell on a Saturday.
My hunch: it's gonna be one huge party on those trading floors tomorrow. Just think, if Louis Rukeyser were still alive -- tomorrow night -- Friday night on PBS ... what will be get instead ... I can only imagine.
Bowl games, all day today, starting at 11:30 a.m. ET. The only one worth watching? #12 Pitt vs #10 Michigan State, 7:00 p.m.
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A Musical Interlude
Our daughter, grandson and a friend will be in Atlanta for Pitt game.
ReplyDeleteAn exciting evening. Weather forecast suggests a nice evening to be out and about in Atlanta.
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