Business
Is the stock market open today? This is the Hour for New Year’s Weekend.
From a macro perspective, 2022 does not offer many opportunities for investors to raise a glass of champagne. The past few months have led to inflation and layoffs—plus a recession that seems imminent in 2023.
Investors had hoped for a Santa rally—when stocks rallied in the last five trading days of the year and the first two of the new year—but markets Instead, most of them limped.