Some U.S. financial markets will be open next Monday, October 12 in observance of the federal holiday Columbus Day.
Columbus Day and Veterans Day are the two federal holidays when stocks continue to trade.
The break will come at a time when markets have become increasingly volatile ahead of the presidential elections on November 3. That hasn’t stopped U.S. equity benchmarks from racking up gains amid signs that the election result may arrive sooner than expected, easing concerns that political uncertainty will keep markets on edge through November.
Read: Stocks are rallying because fears of a contested election are fading
The S&P 500
and Dow Jones Industrial Average
were both up over 3% this week, while the Nasdaq
was on pace for a more than 4% gain. The 10-year Treasury note yield
was unchanged for the day at 0.765%, but up 7 basis points since last Friday’s close.
Commodity futures markets on the Chicago Mercantile Exchange will remain open Monday, though some tropical product commodities that trade on the Intercontinental Exchange will not trade.
It’s also a holiday in Canada on Monday for that country’s Thanksgiving Day and the Toronto Stock Exchange will be closed.