Is the stock market open on Presidents’ Day?

Merchants will get a while off from the inventory market in the present day, in observance of Washington’s Birthday, often known as Presidents’ Day, which is historically celebrated on the third Monday of February.

The U.S. bond market is closed as properly, which means no buying and selling within the closely-watched 10-year Treasury word. The benchmark has taken on elevated significance in latest months because the Fed debates the dimensions and velocity of tighter financial coverage to fight red-hot inflation.

Metals and commodities market – together with for Nymex crude oil and Comex-traded gold – will even be closed in the present day, although futures are lively. Contracts linked to WTI crude oil fell beneath $90 early Monday, whereas these linked to the Dow, S&P 500 and Nasdaq caught a bid as President Biden and Russian chief Vladimir Putin agreed ‘in precept’ to a summit over Ukraine.

The chance-on perspective is spreading to crypto markets (which by no means take a time without work), with Bitcoin final altering fingers up 2% at $39,033, although the sentiment may be upended by the developments surrounding Ukraine.

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