Haven T: Trading and Market

haven t: It's been a bit of a rocking-chair market, in that we've been doing a lot but haven't been going anywhere, Matthew Bartolini, head of SPDR Americas research at State Street Global Advisors, told Market Watch in an interview earlier in the week, according to Market Watch. Indeed, Monday's action marked the lowest full-day, total composite trading volume representing trading on the New York Stock Exchange and its main affiliates and on the Nasdaq roughly 5.7 billion shares since Sept. 10, according to Dow Jones Market Data. However, the recent resurgence for stocks after a more than six-month, corrective hiatus has many market participants questioning its durability, as trading volumes remain near the lowest levels of 2019. In fact, Monday's session was even eclipsed by the holiday-shortened Christmas Eve session's turnover of 5.79 billion shares. The average volume for April, if it holds, would represent the worst April since 2013, according to Dow Jones Market Data. To make a finer point, the rolling 10-day average of total composite volumes are their lowest since Sept. 12 and the volumes are on pace for the lowest monthly average since last August. (news.financializer.com). As reported in the news.

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