Trading volume was light on the U.S. stock market, with the S&P 500 index opening little changed.
TL;DR
U.S. stock trading volume was light as the holiday approached, with the S&P 500 opening little changed and tech stocks mixed. Volume is expected to stay low, following Monday's 40% drop below the 20-day average, amid calm market confidence and improving indicators.
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[US Stock Market Trading Volume Light, S&P 500 Opens Little Changed] According to Mars Finance, citing Jinshi, US stock market trading volume was light with the holiday approaching. The S&P 500 opened little changed, with technology stocks showing mixed performance. Tuesday's trading volume is likely to remain light, following Monday's volume which was nearly 40% below the 20-day average. Craig Johnson, Chief Market Technician at Piper Sandler & Co., stated that despite the shorter trading days due to the holiday, the market rose with calm confidence, market breadth continued to improve, trend indicators remained constructive, and volatility broke through key support levels.