The New York Stock Exchange and Nasdaq will be closed on Feb. 15. And the Securities Industry and Financial Markets Association, or Sifma, is recommending no trading in dollar-denominated securities, meaning the closely watched 10-year Treasury note TMUBMUSD10Y, 1.209% — as well as interest rates for money markets and certificates of deposit — will join the Dow Jones Industrial Average DJIA, +0.09%, the S&P 500 index SPX, +0.47% and the Nasdaq Composite Index COMP, +0.50% in a static state.
A number of sources indicate that the holiday was at first only celebrated within the District of Columbia but became widely recognized as a federal holiday in 1885, marking the first time an American individual was memorialized via a bank holiday. It is that history of recognizing, initially, one president and then, later, two presidents, or the presidency in general, that may be to blame for the style variations that tend to occur in written references to Presidents Day — or alternately, President’s Day or Presidents’ Day.
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No. Saved you a click unless you want a bizarre write-up on 'Presidents Day' and the history behind the name.