Is the stock market open on Presidents Day?

What investors need to know about the February U.S. holiday.

The New York Stock Exchange, owned by Intercontinental Exchange Inc. ICE, and the Nasdaq NDAQ will both be closed. Sifma, the financial industry trade group, has recommended that trading in U.S. fixed-income markets also close on Monday.

Presidents... U.S. investors get a break on Monday, Feb. 20, with markets closed for the Presidents Day holiday. The New York Stock Exchange, owned by Intercontinental Exchange Inc. ICE , and the Nasdaq NDAQ will both be closed. Sifma, the financial industry trade group, has recommended that trading in U.S. fixed-income markets also close on Monday.

Presidents Day is a federal holiday, so don’t spend it waiting by the mailbox or planning an in-person meeting with your favorite banker.It will give investors a three-day weekend to digest a recent run of economic data that’s led traders to largely move market expectations for interest rate rises back in line with the Federal Reserve’s projections.

The Dow Jones Industrial Average DJIA remains up 1.7% for the year to date, while the S&P 500 SPX has risen 6.5% and the Nasdaq Composite COMP has jumped over 13%. That’s a mirror image of last year’s carnage, which saw the Dow outperform while the Nasdaq slumped by more than 30% as the Fed aggressively hiked interest rates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A Presidents Day Problem: America Is Sick of PresidentsWe all know political polarization is weighing down approval for sitting POTUSes. It’s also sapping our interest in historic ones — which could spell bad news for one Washington cottage industry.
Read more »

TooFab's Week In Celebrity Photos: February 12 - February 18Evangeline Lilly debuts shaved head at the UK premiere of Ant-Man And The Wasp: Quantumania (via toofab)
Read more »

18 best Presidents Day sales of 2023: Casper, Overstock, more dealsThe ultimate list of all the deals that we’re hopping on ASAP.
Read more »