But, have you ever wondered why the stock market is closed on Good Friday? It's not just because traders want to sleep in and enjoy a long weekend. It's actually because Good Friday is a historical holiday that dates back to the early days of the stock market.
In the olden days, stock exchanges were only open on weekdays, and Good Friday was considered a sacred day. It wasn't until the 20th century that the stock market started to open on Fridays, but Good Friday remained a holiday. And, let's be honest, who doesn't love a good excuse to take a three-day weekend?
Now, you might be thinking, "But, what about all the other holidays? Are they observed by the stock market too?" Well, the answer is yes and no. The stock market observes a total of 9 holidays, including New Year's Day, Memorial Day, and Christmas Day.
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