The impact of weather on order submissions and trading performance

Does weather anomaly still affect the emerging stock market under the unexpected event? New evidence from the COVID-19 pandemic

“…While previous investigations shared the same conclusion that the affective state of individual investors is subject to weather fluctuations [ 63 , 64 ], the results were conflicting as to in which direction weather conditions affect mood. It was indicated by Cao and Wei [ 6 ] that high temperature, as a weather factor, can induce apathy as well as hysteria and vice versa.…”