The holiday, which falls on Oct. 9 this year and is observed annually on the second Monday of October, comes after a rocky week for the stock market. Bond yields rose to highs not seen since the early 2000s amid concerns that the Federal Reserve will continue to be hawkish and raise interest rates later this year.
However, the bond market will be closed, since the Federal Reserve and many banks will be shut in observance of the holiday. However, the Toronto Stock Exchange will be closed: Canada celebrates its Thanksgiving holiday on the second Monday of October. Twenty-nine states and the District of Columbia currently recognize Indigenous Peoples’ Day instead of Columbus Day. President Joe Biden officially recognized Indigenous Peoples’ Day in 2021, the first time a U.S. president has done so.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The stock market's report card one year since the bottom of the 2022 bear marketMike Santoli discusses where the market stands one year from the low of the 2022 bear market.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Stock Market’s Biggest Problem Isn’t Treasury Yields—It’s EarningsProfits are expected to grow again, and that means the bar is higher this time.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
Wall St Week Ahead Surging Treasury yields upend stock market's 'bond proxies'Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group of stocks expected to have bond-like qualities.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
What America's political dysfunction means for the stock market and investorsWilliam Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »