Difference between revisions of "Dow holiday"
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| − | A '''Dow holiday''' is a weekday on which the New York Stock Exchange (NYSE) is not open, and so no opening price for the [[Dow Jones Industrial Average]] is published. The [[algorithm|geohashing algorithm]] states that | + | A '''Dow holiday''' is a weekday on which the New York Stock Exchange (NYSE) is not open, and so no opening price for the [[Dow Jones Industrial Average]] is published. The [[algorithm|geohashing algorithm]] states that in such cases, the opening price from the previous day of active trading should be used. |
There are indeed other holidays on which the NYSE closes early; however, an opening price is still published on these days and can be used. | There are indeed other holidays on which the NYSE closes early; however, an opening price is still published on these days and can be used. | ||
Revision as of 09:20, 27 May 2008
A Dow holiday is a weekday on which the New York Stock Exchange (NYSE) is not open, and so no opening price for the Dow Jones Industrial Average is published. The geohashing algorithm states that in such cases, the opening price from the previous day of active trading should be used.
There are indeed other holidays on which the NYSE closes early; however, an opening price is still published on these days and can be used.
2008 Holidays
| Holiday | Date in 2008 | Use opening price from |
|---|---|---|
| New Year's Day | Tuesday, January 1, 2008 | Monday, December 31, 2007 |
| Martin Luther King, Jr. Day | Monday, January 21, 2008 | Friday, January 18, 2008 |
| Presidents Day | Monday, February 18, 2008 | Friday, February 15, 2008 |
| Good Friday | Friday, March 21, 2008 | Thursday, March 20, 2008 |
| Memorial Day | Monday, May 26, 2008 | Friday, May 23, 2008 |
| Independence Day | Friday, July 4, 2008 | Thursday, July 3, 2008 |
| Thanksgiving Day | Thursday, November 27, 2008 | Wednesday, November 26, 2008 |
| Christmas Day | Thursday, December 25, 2008 | Wednesday, December 24, 2008 |
2009 Holidays
| Holiday | Date in 2009 | Use opening price from |
|---|---|---|
| New Year's Day | Thursday, January 1, 2009 | Wednesday, December 31, 2008 |
| Martin Luther King, Jr. Day | Monday, January 19, 2009 | Friday, January 16, 2009 |
| Presidents Day | Monday, February 16, 2009 | Friday, February 13, 2009 |
| Good Friday | Friday, April 10, 2009 | Thursday, April 9, 2009 |
| Memorial Day | Monday, May 25, 2009 | Friday, May 22, 2009 |
| Independence Day* | Friday, July 3, 2009 | Thursday, July 2, 2009 |
| Thanksgiving Day | Thursday, November 26, 2009 | Wednesday, November 25, 2009 |
| Christmas Day | Friday, December 25, 2009 | Thursday, December 24, 2009 |
- Note: Independence Day falls on a Saturday in 2009, and so is observed on Friday by the NYSE.
