As Presidents Day arrives, investors may see a slight pause in the midst of a busy earnings season.
Market Recap
- Dow Jones Industrial Average: 38,627.99 (-0.4%)
- S&P 500: 5,005.57 (-0.5%)
- Nasdaq Composite: 15,775.65 (-0.8%)
Trading Information
The New York Stock Exchange, Nasdaq Stock Market, over-the-counter markets, and bond markets will be closed on Monday. They are set to reopen on Tuesday at 9:30 a.m. and 8 a.m., respectively.
Global Markets
What About International Markets?
While US markets will be closed, the following international exchanges will remain open:
- Tokyo Stock Exchange
- Shanghai Stock Exchange
- London Stock Exchange
- Frankfurt Stock Exchange
- Euronext Paris
- Stock Exchange of Hong Kong
Closures and Openings
Are Banks and the Post Office Open?
Federal Reserve Banks and the U.S. Postal Service will be closed on Monday. Private carriers FedEx and UPS will continue operating.
Presidential Honors
Presidents Day is observed annually on the third Monday of February to honor George Washington, the first US president born on February 22, 1732. The day also commemorates Abraham Lincoln, the sixteenth president born on February 12, 1809.
Market Insights
What Should I Watch For?
Investors should keep an eye on earnings reports from Walmart, Home Depot, Nvidia, and Berkshire Hathaway this week. Historically, February has been challenging for markets, with the S&P 500 averaging a loss of 0.7% since 2000.
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