The Hershey Company rings the Opening Bell on Wall Street
The SEC has approved the 24X National Exchange, a new stock exchange that will operate 23 hours a day, five days a week. The exchange, backed by hedge-fund billionaire Steve Cohen, is set to launch in stages starting in the second half of 2025.
The SEC has approved a new stock exchange, the 24X National Exchange. It will operate 23 hours daily and five full days a week. The exchange is backed by Steve Cohen and will launch in stages starting in 2025. The NYSE and Nasdaq are watching the development closely. The new exchange will operate from Sunday evening to Friday evening with a break from 7 PM to 8 PM. In other news, Australia has passed legislation banning children under 16 from accessing social media platforms. The law will make platforms responsible for preventing kids from holding accounts. Exceptions include online gaming platforms and standalone messaging services. Social media companies have one year to implement the ban before facing penalties. The Consumer Discretionary sector is in focus ahead of Black Friday and Cyber Monday. Seeking Alpha is spotlighting the top 10 U.S. Consumer Discretionary stocks per its quant metrics.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.