The US financial market will be closed on Monday for the president's memorial day.
The US financial market will be closed on February 19th (next Monday) for the Presidents Day holiday, perhaps providing traders with some time to reflect on the recent shocks to the market. Last week, the US stock market fell for the first time in two years.
The New York stock exchange and Nasdaq Stock Exchange will be closed next Monday. At the same time, the US Securities and Financial Markets Association (SIFMA) recommends that US dollar - denominated securities also cease trading, such as bonds, money markets and regular deposit bills.
Futures and options trading of CME Group will also cease trading next Monday.
Next Monday, no important economic data will be released. All federal agencies and state offices and offices will also be closed. Commercial banks are not open, either.
The encrypted digital currency exchange is usually seven days a week 24 hours can be traded, they are expected to open.
Last week, the S & P 500 index dropped more than 10% from its record high in January, and it has wiped out 1/3 of its decline this Wednesday.
The recent surge in market volatility seems to be annoying Donald Trump, President of the United States, who had credited the rise of the US stock market since his election as president of the United States since Donald.
In February 7th, President Trump released Twitter: "in the past, when the media reported good news, the US stock market will go up. Today, when the media reports the good news, the US stock market is down. It's a mistake. We have so much good news about the economy.
The US stock market was sold out at the end of the month and early February, triggering the market to worry about the acceleration of inflation and higher interest rates, which were largely seen as a precursor to the Fed's tightening monetary policy.
The international market and foreign exchange market will be trading normally next Monday, but the volume of transactions may be much less than usual.
"President Memorial Day" was first founded in 1885, the date is the birthday of George Washington (George Washington), to commemorate the first president of the United States. Later, the federal holiday was changed to the third Monday in February.