Wall Street is about to make a big move! Next week, Nasdaq will apply to extend US stock trading hours from 5 days a week, 16 hours a day, to 5 days a week, 23 hours a day, with only a 1-hour halt during the early morning. The US stock market is about to enter the “24/7” era, completely overturning a rule that has lasted for a century! Under the new rules, the trading week will start at 9 PM on Sunday and end at 8 PM on Friday. The newly added night trading session corresponds to Beijing time morning to noon, allowing seamless connection after the daytime A-share market closes, enabling "trade A-shares during the day, trade US stocks at night." Moreover, the concept of "market close" becomes invalid; major news released during night trading can react in advance and be factored into stock prices. This is a double-edged sword for investors. The opportunity lies in global investors having nearly round-the-clock trading freedom and being able to respond promptly to information; the risk is that investors’ energy, strategies, emotions, and risk management face hellish challenges, market volatility becomes more frequent, and “late-night liquidation” may become a new tragedy. The crypto market has always been closely linked to the US stock market. With the huge change in US trading hours, how will the crypto market react? Will it follow the frenzy or develop an independent trend? Are you ready? Share your thoughts in the comments!
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wall Street is about to make a big move! Next week, Nasdaq will apply to extend US stock trading hours from 5 days a week, 16 hours a day, to 5 days a week, 23 hours a day, with only a 1-hour halt during the early morning. The US stock market is about to enter the “24/7” era, completely overturning a rule that has lasted for a century! Under the new rules, the trading week will start at 9 PM on Sunday and end at 8 PM on Friday. The newly added night trading session corresponds to Beijing time morning to noon, allowing seamless connection after the daytime A-share market closes, enabling "trade A-shares during the day, trade US stocks at night." Moreover, the concept of "market close" becomes invalid; major news released during night trading can react in advance and be factored into stock prices. This is a double-edged sword for investors. The opportunity lies in global investors having nearly round-the-clock trading freedom and being able to respond promptly to information; the risk is that investors’ energy, strategies, emotions, and risk management face hellish challenges, market volatility becomes more frequent, and “late-night liquidation” may become a new tragedy. The crypto market has always been closely linked to the US stock market. With the huge change in US trading hours, how will the crypto market react? Will it follow the frenzy or develop an independent trend? Are you ready? Share your thoughts in the comments!