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Why stock market closed on Good Friday?

This is a religious holiday but not a bank holiday, so why is it that stock market closed? Harry P ("otter"? ) is confused about the question. It is not religious in nature. It is historical one. I am not asking "should it be closed", I am asking why is it closed. After all it is not a bank holiday or a federal holiday. Harry, may be I would want to ask about Columbus day LOL. It does seem to be illogical to close just exchange . I have no problem celebrating Chrismas :) , but EVERYTHING is closed on that day! Get the point? Britain, Canada , Australia has a STATE level holiday not just for exchanges and your answer "it is because it is" does not cut it for me.

Public Comments

  1. There is no separation of church and state rule governing stock market hours. If they want to close, they can close. The US stock market is closed on Good Friday. There is nothing you can do about it. Chill out. Greyzone2, it is both a historical and religious one. The US has historically been a Christian nation, Good Friday is one of the holiest days on the Christian calendar. Not only is the US stock market closed, the British stock market is closed, the Canadian stock market is closed, the Brazilian Stock market is closed. All christian nations celebrate Good Friday by observing the holiday. The Federal and State governments are open because of separation of church and state issues. Banks are open because the government is open. Maybe you would like to consider why the Stock Exchanges are open on Columbus Day while banks, state governments and federal governments are closed. That is it my man. Take it or leave it.
  2. They want to avoid having any possibility of Good Friday turning out to be a Black Friday. You know what I mean.
  3. It's closed. I didn't know that.
  4. U.S. governments are constitutionally prevented from forcing most private businesses to open or close on any particular day, so the stock markets are usually closed on Good Friday -Wikipedia
  5. It gives everyone a three-day weekend.
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