U.S. stocks will close early on Wednesday and be closed for one day on Thursday

2025-12-272025-12-24 by admin

BlockBeats News, December 24, affected by the Christmas holiday, U.S. stock trading on Wednesday will close early at 02:00 Beijing time on the 25th, and will be closed all day on Thursday.

CME’s precious metals, energy, foreign exchange, and stock index futures contract trading, as well as ICE’s Brent crude oil futures contract trading, will end early today.

In addition, Trump signed an executive order, and U.S. federal government agencies will be closed for three days from December 24 to December 26. (Jin10)

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .