US equity exchanges will begin extended trading hours with an overnight session from 9 p.m. to 4 a.m. starting December 6. The changes aim to cater to growing foreign investor interest and compete with crypto markets. However, concerns about market liquidity and increased risks during these hours are prevalent among institutional investors. Pre-existing trading volumes suggest that institutional participation during night hours may be limited.
Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a