Why are the US stock markets closed today?

1 Answer

Answer :

Good Friday Not quite sure why it is important enough to close the NYSE, but it is.

Related questions

Description : Do we even want to talk about the stock market today?

Last Answer : Turnaround Tuesday is tomorrow…maybe.

Description : How about those markets?

Last Answer : Great. I just love a huge crash in the morning. Seriously, this is nuts! I’m actually thinking of buying some stock today at these low prices, but I’m afraid I will be buying them way too high now. How low can stocks go?

Description : Someone paid with me a postal money order today (the real thing, US Postal Service). Do I need to go to a post office to cash it? Can I just go to the bank?

Last Answer : Just deposit it in your bank. No need to go to the P.O.

Description : If the US economy kicked off the global financial crisis of 2007-8, why are so many people denying the possibility of China sending global markets into another crisis today?

Last Answer : answer:China does things that would be totally illegal here to manipulate their stock market (like the government pumping in 20 billion a week to inflate prices). So I wouldn't really chalk the last week ... correction. That being said I have lost a lot this last week, but I am not concerned.

Description : What is the formula for "Common stock valuation with infinite stream of dividends" ?

Last Answer : answer:@Espiritus_Corvus Thanks for the very helpful comment. Actually this exists, it's not exactly infinite it is just the process of valuing a stock that you have no expected day you will sell it. So, if ... to assume you';; receive that dividend forever. I just need the formula i can't find it.

Description : Are re-invested stock dividends tax-exempt?

Last Answer : no. You should have gotten a 1099 from WalMart (or the broker) and the dividends will show up as taxable income.

Description : Why are some people into stock investing, others not?

Last Answer : answer:Some people are more risk averse. They want a guaranteed return on their money. Or they don’t understand the concepts of stock trading. Not everyone has money to invest that they can spare.

Description : What is the best way to go about investing in the stock market long-term?

Last Answer : answer:I would suggest checking out the https://personal.vanguard.com/us/home site. There is good information about beginning investors. You can answer some questions and also call the 800 number and talk with someone ... (stock, bond, S & P 500, international, for example) is a good way to start.

Description : What is the best online stock trading website?

Last Answer : I like lowtrades.com. Trades are only $5. There is no minimum other than there must be one trade every six months.

Description : How do I know if my stock portfolio is doing good?

Last Answer : I guess an easier way to ask this is, If I do +5% on all my portfolio in a month, how do I know this is a good number?

Description : What should be included in a colonial (New England) stock prospectus/pamphlet?

Last Answer : We used corncobs as toilet paper!

Description : Is there a way to find out how many investors there are for any given stock?

Last Answer : This might help for the NASDAQ. Haven’t found anything for the NYSE that is similar.

Description : If you dabble in the stock market, do you have any choice picks of cheap stocks that look like they're on the rise?

Last Answer : CHKE

Description : Why is it possible to buy an open call option with a strike price below the current stock price?

Last Answer : answer:You would not make a profit because the cost of the option added to the price would still be more than the current price of the stock. This is what is called the premium. However if ... to rise and if the premium was low you could effectively acquire more stock control for a larger return.

Description : How do I get started with the stock market?

Last Answer : there are alot of questions here, so i'll leave the ones that i dont know much about alone. a good way to get a taste of the stock market is to start in a mutual fund, you are ... account service fee, which should be taken into account when you look at an otherwise attractive outlook for the fund.

Description : How old do you have to be to buy a stock ?

Last Answer : You have to be 18 to own stock of your own – but this doesn’t stop thousands of minors, including myself, from buying and selling shares using accounts supervised by their parents.

Description : Would it be wise to invest in FannieMae or FreddieMac while the stock is down?

Last Answer : Dumb and Dumber until things resolve themselves. A CD or Moneymarket fund is a good place to park cash until the price of oil, job market, employment, etc resolves itself.

Description : Will freddie and fannie maes stock eventually become worthless?

Last Answer : eventually?......I thought it was already worthless.

Description : Will Lehman brothers stock disappear when it files for bankruptcy?

Last Answer : I strongly suggest you buy a bridge instead.

Description : What will happen with Wachovia stock?

Last Answer : He is buying their stock now? Today? Yoicks. It is not conservative investing and no one has a crystal ball now.

Description : Aren't the stock markets (AMEX, NYSE) just different forms of legalized gambling?

Last Answer : answer:Not at all. If you gamble, you know you that losings are larger than winnings, since the house takes a certain percent of all winnings. Overall, there's no way that the collective group ... , nothing is produced, except money for the casino owners. If you love gambling, buy casino stock.

Description : The business in Stock Markets and other securities markets is regulated - (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Last Answer : (1) Securities and Exchange Board of India Explanation: As per the Securities and Exchange Board Of India (SEBI) Act, 1992, SEBI is responsible for protecting the interests of investors in ... is the duty of SEBI to regulate the business in stock exchanges and any other securities markets.

Description : Which of the following subjects does not figure in the Concurrent List of our Constitution? (1) Stock Exchanges and futures markets (2) Protection of wild animals and birds (3) Forests (4) Trade unions

Last Answer : (1) Stock Exchanges and futures markets Explanation: The Concurrent List or List-Ill is a list of 47 items given in Part XI of the Constitution of India, concerned with relations between the Union and States. Stock exchanges and futures markets come under the Union List.

Description : What is/are the characteristics of Hot Money ? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It ... in the market to create imbalance in the stock markets D. All of the Above E. None of the Above

Last Answer : B. It is the fund which inflows in the market to take advantage of high interest rates Explanation: Hot money is currency that moves regularly, and quickly, between financial markets so investors ensure they are getting the highest short-term interest rates available.

Description : Which of the following constitutes Foreign Direct Investment? A. A speculator trying to make a profit by buying company shares on a foreign stock exchange. B. A UK energy company buying territory ... D. A company signing an agreement with a wholesaler to distribute its products in foreign markets.

Last Answer : A tourist purchasing foreign currency to spend on a holiday abroad.

Description : Which of the following subjects does not figure in the Concurrent List of our Constitution ? (1) Stock Exchanges and futures markets (2) Protection of wild animals and birds (3) Forests (4) Trade unions

Last Answer : Stock Exchanges and futures markets

Description : The business in Stock Markets and other securities markets is regulated (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Last Answer : Securities and Exchange Board of India

Description : Will the DJIA hit 20K today?

Last Answer : Probably. I spoke with my stock broker a few days ago and he said the DJIA should continue it’s march to 30K. This is what happens when the King of socialist fiscal polices is seen packing his bags to soon exit out the backdoor of the White House.

Description : What is Muhammad Ali's source of income today?

Last Answer : answer:My guess is licensing - there have been feature films about him, books about him, etc. Each of those likely gave him a good payday. He also has almost 150 appearances credited to ... print advertisements, interviews, articles, etc. A celebrity net worth website lists him as worth $80 million.

Description : An ad from 1957 said that Silly Putty was $1.00, the same price as today. What else hasn't changed price in that amount of time?

Last Answer : answer:Uhm, I don't have a link for it, but out in the country, there is this really cute deli/candy shop that I've gone to. I pass it in the winter if I go skiing. It is still in ... knows how many years. It's the only place I know where 1 cent is actually still worth something. Go figure.

Description : Some days (like today), I think to myself that I'd love to pack it all in (work) and open up an antique store. What would I need to do to become a successful antique dealer?

Last Answer : answer:First of all, a good eye for antiques. Then you'd need to identify your supply of antiques (the nice old stuff is getting a bit scarce; since it lasts so much longer than the modern crap, people ... the new owner's house until it either goes to a junk store or else is sold in an estate sale.

Description : What is the best investment available today?

Last Answer : answer:These are troubled times and none of the so called financial experts (I'm not one of them) know what will happen in the future although they may say that they do. If you are young, I suggest that ... Ageless Body, Timeless Mind by Deepak Chopra, M.D.). The best of good buys and good health!

Description : What did you finally find today when you were looking for something else?

Last Answer : answer:This happens to me so very often. I often find tools and specialized pieces of equipment in unexpected places while I searching for something else. I have no specific recent examples.

Description : I'm going to the spa today. What is an appropriate tip?

Last Answer : you tip when you pay for the treatment. some spas offer you an envelope for each separate service provider, but I think this is being worked. Tip 20 % on the full amount at the end, and let the ... system, I have walked out of spas having paid $200 or more, for just a mani/ pedi and facial.

Description : Today, people only seem to buy clothes based on labels, prices, and the places they got it. Why?

Last Answer : Materialism. America: A Materialistic Nation

Description : What was $5000 (USD) worth in 1960, comparable to today?

Last Answer : http://data.bls.gov/cgi-bin/cpicalc.pl

Description : Are commercial banks also closed on all stock market holidays?

Last Answer : To make it easy for there customers commercial banks and the Stock Market both close on the same major holidays. The Government makes the choice to close the stock market and the commercial banks have followed in their path to also close on the major holidays.

Description : Have you ever run across a US $20 bill with a row of numbers written in red or pink ink across one end of the back side?

Last Answer : Do you mean money with red numbers minted on, or handwritten on? If you mean stamped or written on the money, then yes I have gotten a lot at work. Lots of them say to visit a website to track ... writing, or other weird stains. I had a money order with over $900 worth of twenties what a nightmare

Description : For all those in other countries - Is your government issuing anything like US stimulus checks as part of a pandemic relief plan?

Last Answer : Canada has, it was called the cerb it was 2 grand a month for five months, but fully taxable meaning you will pay tax on the money.

Description : What is the average income in your state and county in the US do you need to live "comfortably"?

Last Answer : I'm not in economics, but I figure the answer to this question is highly variable: region to region, state to state, county to county. I currently live in a rural area and the average income to live ... urban area of the same state. I'm not sure how precise a number we can get to this question.

Description : A fb friend wrote "you need a net worth of $2.4 million in the US to be considered rich" what do you think?

Last Answer : I'll never be rich, then. It's an arbitrary number. Not really meaningful. So much depends on your age and your needs and tastes. I don't need a mansion and a fast car and a country club ... the more I think about the question, the more simplistic it appears to be. Like money can buy satisfaction .

Description : If 85% of the US population ended up using bicycles like some other nations, would people start defining status by the bike you rode like they do the vehicle you drive?

Last Answer : Probably, I see it all the time out on the mountain bike trails. I also see the opposite where the folks who have five thousand dollar bikes are ridiculed. Regardless, we would all be much healthier and happier.

Description : It’s WAR! It’s WAR! When the civil war is finally declared in Iraq will the US jump back in for round three?

Last Answer : Dream on. The Iraq war certainly didn’t stimulate the US economy, unless you are only looking at Halliburton and its affiliates. There’s a reason Bush left those costs off the books while he was in office.

Description : What is wrong with us!

Last Answer : Yeah, there’s a point when things are so out of balance, you can’t help but feel helpless and apathetic because you can’t do anything.

Description : Why does the British Pound outweigh the US Dollar in value when it seems that the economy of the United States is far more powerful?

Last Answer : answer:I think that, in general, it has something to do with the fact that the British economy is strong and reliable, and that the UK has always had very profitable trading agreements throught ... how the buying power of a coin is, supposedly, representative of its country's credit reliability)

Description : What movie/documentary can I watch to help me understand the current situation of US and/or world economics?

Last Answer : Waiting for Superman.

Description : What will two weeks/two months after the collapse of Greece look like for the US?

Last Answer : answer:It's not that Greece is going to fall , there economy will continue it's collapse as it disengages from the Euro. But while it will be a rough summer for the ... stockpile supplies? That's silly for something that has already been significantly discounted by the financial community.

Description : What are your thoughts on this article about the wealthy in the US?

Last Answer : Not much. I’m pretty tired of hearing about the evils of wealth.

Description : Does a gold standard really protect us from inflation?

Last Answer : The magic likely comes from the concept of cold hard gold. It's easier to understand that which you can hold in your hand, it's easier to abuse the bits and bytes that fly around the world banking ... resource and therefore only a few can hold' it doesn't change the concept of it being holdable.