U.S. financial markets will be closed on Monday in observance of Presidents Day, or Washington’s Birthday, if you prefer.
That means there will be no trading in the closely watched 10-year Treasury note TMUBMUSD10Y, 1.927% —as well as rates markets, including money markets and certificates of deposit — and the Dow Jones Industrial Average DJIA, -0.68%, the S&P 500 index SPX, -0.72% and the Nasdaq Composite Index COMP, -1.23%.
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.
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