Is the stock market open on Columbus Day? Yes! But the bond market isn’t—Here’s why
It’s almost a perennial question on Wall Street. With Columbus Day a federal holiday on Monday, investors are curious if the stock market will be opened.
Here is the short answer: yes. But it isn’t that simple.
The bond market isn’t. Bond traders are off as recommended by the Securities Industry and Financial Markets Association, known as Sifma.
Columbus Day and Veterans Day are the two federal holidays when fixed-income markets are closed due to the federal holiday.
As per usual, the Intercontinental Exchange
-owned New York Stock Exchange and the Nasdaq Inc.
will both be open regular hours. So, the Dow Jones Industrial Average
the S&P 500 index
and the Nasdaq Composite Index