WASHINGTON, April 16, 2014 – The increasing, virtually forced secularization of U.S. culture in recent years has failed to put a dent in Wall Street’s traditional Good Friday holiday.
Back in the day when this country’s moral tradition still strongly reflected Christian values, it was generally accepted, even among America’s 19th century robber barons, that trading in stocks and bonds on Good Friday, the most solemn, sorrowful day on the Christian calendar, would border on the sacrilegious.
Perhaps such activities were viewed as being a bit too close to shamelessly hawking sacrifices and changing money in the Jewish temple. The New Testament tells us this was a practice that drove even the seemingly unflappable Jesus to an absolute fury when he ran into such activities in Jerusalem.
In any event, all U.S. stock markets—at least the ones we know about—are closed for trading this Good Friday, April 18, 2014, maintaining this long-standing Wall Street tradition. The holiday closure includes equity (stocks), option and fixed income (bond) markets.
Active traders should note that both pre-market and after-hours trading sessions will not take place.
Bond traders should additionally note that bond trading will close early on Holy Thursday afternoon at 2 p.m. EDT, April 17, 2014. Some brokerages may accept orders after that time, but they won’t be placed until the next official business day, Monday, April 21, 2014.
Customers trading in Canadian and foreign markets should consult their individual brokers for trading rules in force on those exchanges.Click here for reuse options!
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