The stock market will be closed on New Year’s Day 2025, giving traders a break after a robust two-year period for equities. While the major U.S. stock exchanges like the NYSE and Nasdaq will not be trading, the forex market will remain open, albeit with potentially lower liquidity. Bond markets, including the bond market, will also be closed. This closure follows a year where the S&P 500 saw a 24% increase, marking one of the strongest performances in recent history. Investors should note that while the stock market is closed, economic data releases and corporate announcements could still occur, potentially affecting market sentiment when trading resumes.
Source: seekingalpha.com
