Is the U.S. stock market closed today?

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The stock market is closed today in honor of Labor Day. A hot labor market has been a key focus in markets, particularly with the Fed vowing to fight inflation until it recedes to its 2% annual target, even if that means more pain.

The U.S. stock market will be closed Monday, Sept. 5, in honor of Labor Day, a national holiday that has been celebrated on the first Monday of each September for nearly 130 years.

Average hourly earnings growth has been running at a 5% annual rate this year , but not enough to keep up with the inflation surge, which only recently has hinted at easing, with a pullback in energy CL00, +2.26% prices. Banks, post office closed for Labor Day While Labor Day marks a rare day off for the stock market, the U.S. bond market, the Postal Service and many businesses also close for the day but pay staff for the holiday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Futures r still open tho

Singapore Singapore Latest News, Singapore Singapore Headlines