The Stock Market Is Closed for Memorial Day. The Dow Is Rallying Anyway.

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The U.S. stock market is closed for Memorial Day — it's also rallying

The U.S. stock market is closed for Memorial Day. That hasn’t stopped the Dow Jones Industrial Average from rallying strongly.

How is that possible? While the markets in the U.S. are closed, it’s business as usual for others. That means index futures are trading, and we can extrapolate from them where the actual indexes would be.

 

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