Stocks are on the verge of record territory, with the S&P 500 about 15 points away from a new all-time high. So why are stock trading volumes remaining near the lowest levels of 2019?
Monday’s trading session marked the lowest full-day, total composite trading volume—roughly 5.7 billion shares—since September 10, according to Dow Jones Market Data. In fact, Monday’s session saw even less trading than the infamous holiday-shortened Christmas Eve session’s turnover of 5.79 billion shares.
To take a slightly longer view, the rolling 10-day average of total composite volumes is now at its lowest since September 12. Trading volume is on pace for its lowest monthly average since last August, and the average volume for April, if it holds, would represent the worst April since 2013.
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