A statue of Christopher Columbus on July 9, 2020 in the Astoria neighborhood in Queens Borough, New York City.
Johannes Isle / Agence France-Presse / Getty Images
U.S. No. Some financial markets will be open next Monday, October 12, in celebration of the federal holiday Columbus Day.
When bond traders take a day off, equity markets will remain open for business. Both the New York Stock Exchange and the Nasdaq will be open for regular hours.
Columbus Day and Veterans Day are two federal holidays when stocks continue to trade.
The break will come at a time when markets have become increasingly volatile ahead of the November 3 presidential election, amid signs that the election results could come sooner than expected. Uncertainty will keep markets on edge from November.
To read: Shares are fighting because the fear of a contested election is diminishing
S&P 500 SPX,
And Dow Jones Industrial Average DJIA,
Both were up more than 3% this week, while Nasdaq COP,
Was on the move for a gain of over 4%. Yield of 10 year Treasury note TMUBMUSD10Y,
Was unchanged at 0.765% for the day, but rose 7 basis points since last Friday’s close.
Commodity futures markets on the Chicago Mercantile Exchange will remain open on Monday, although some tropical commodities trading on the Intercontinental Exchange will not trade.
It’s also a holiday in Canada on Monday for the country’s Thanksgiving Day and the Toronto Stock Exchange will be closed.
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