Covid crashed Wall Street again in holiday shortened Friday trading action

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Communities Digital News

WASHINGTON – In a recent article, we imagined we’d be taking this holiday-shortened trading week off. That’s because so many traders and investors are taking off for the Thanksgiving holidays and taking off a few days from trading as well. As a result, markets tend to get a little crazy and erratic on low trading volume. That makes investment decisions prone to serious errors due to overreaction. And today’s holiday shortened Friday action certainly proved that point. Fear of Covid came out of nowhere, hitting stocks hard in thin trading that concluded at 1 p.m. ET. Yes, for what seems like th…

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