Holiday Market Closure Trading Lag
The market is experiencing subdued trading activity due to holiday closures.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Anything that happened Friday afternoon or over the weekend — earnings surprises, geopolitical developments, economic data — will be absorbed in a compressed, often volatile session on Tuesday morning when the stock market reopens."
"Since several international markets are closed, cross-border activity may be slightly reduced."
"Trading activity was subdued on Wednesday, with volumes well below normal, as markets in Germany and Japan were closed for the New Year's holiday."
"Trading activity is subdued today, with volumes well below normal, as markets in Germany and Japan are closed for the New Year's holiday."