U.S. stock markets were closed on Friday, April, 202, for Good Friday, following a volatile week marked by tariff concerns and mixed economic signals. The New York Stock Exchange (NYSE) and Nasdaq remained shut, with trading resuming on Monday, April.
Why were markets closed?
Good Friday is a federal holiday observed by U.S. exchanges, including bond markets, which also closed early on Thursday. The next market holiday is Memorial Day on May.
Recent market turmoil
Stocks faced pressure last week after President Trump’s April tariff announcement triggered a historic selloff, erasing over $6.6 trillion in market value within two days. While markets have stabilized slightly, the S&P remains down 10% year-to-date. The Dow and Nasdaq each fell 2% last week, with UnitedHealth dragging the Dow down points on Thursday alone.
What’s next?
Analysts predict continued volatility as Trump pushes for trade deals during a 90-day tariff pause. BCA Research’s Marko Papic expects the S&P to retest,80 before rebounding. Key factors this week include earnings from Netflix and ongoing Fed rate-cut debates.
Pro tip: Always check exchange calendars before trading around holidays – unexpected closures can catch investors off guard.
