On February 6, 2025, trading volume for the SPDR S&P 500 ETF Trust (ticker: $SPY) reached 21 million shares, marking the lowest volume day since December 11, 2024. This figure is significantly lower than the 30 million shares traded on Thanksgiving Friday of the previous year, when the market closed early at 1:00 PM ET. Analysts noted that the current volume is running at 38% of the average, indicating a notably dull trading day. Comparatively, even half-day trading sessions, such as on Christmas, had higher volumes than today's figures.