United Western Bancorp Inc (fka UWBKQ)

[Nightdaytrader]

The stock market is open because of an obscure rule below. However, today is still an observed Federal Govt Holiday.

ND9
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Is the U.S. stock market closed on Friday for New Year’s Eve? No. It isn’t even closed on Monday. Here’s why!

Last Updated: Dec. 31, 2021 at 6:39 a.m. ET

By Mark DeCambre
The last time this occurred was Dec. 31, 2010

Blame it on an obscure rule. For the first time in a decade, there will be no U.S. stock-market closure in observance of New Year’s Day which falls on a Saturday.

U.S. markets will be open on Friday Dec. 31, which is New Year’s Eve, and operators of the New York Stock Exchange are not designating Jan. 3, the first Monday in 2022, as a holiday in lieu of New Year’s Day either.

The last time this sort of calendar event transpired was on New Year’s Eve in 2010.

How rare is this calendar event? Assuming that it was applied since 1928, it would have occurred 13 times from 1928.

https://www.marketwatch.com/story/is-the-u-s-stock-market-closed-on-friday-for-new-years-eve-no-it-isnt-even-closed-on-monday-heres-why-11640896859