Friday 07/March/2025 – 04:02 PM
Nasdaq plans to extend the trading hours on its stock exchange for 24 hours, in order to benefit from the growing global demand for American stocks, according to Bloomberg.
According to the company’s president, Tal Cohen, Nasdak, the second largest exchange operator in the United States, intends to implement the five -day trading system per week.
Cohen announced through a post on the “LinkedIn” platform, that this system is expected to start in the second half of 2026, after obtaining organizational approvals and ensuring its compatibility with the rest of the sector.
In another context, American stocks continued their losses last Wednesday, as Nasdak retreated by more than 1% after the Federal Reserve (the US Central Bank) remained stable interest rates, and did not provide many details about the date of making more discounts in borrowing costs.
Shares of major technology companies
The shares decreased before the announcement, with the decrease in shares of major technology companies, including Inviteia and Microsoft who led the decline of shares, according to Reuters.
Last Wednesday, the Federal Reserve was reduced from the Bayan language last Wednesday, saying that inflation made progress towards the target of inflation of 2%.
The decision to keep interest rates was firmly expected after 3 consecutive discounts in interest rates in 2024, which reduced the standard interest rate of the FBI by a full percentage.
