Columbus Day: Are Markets Open Or Closed?
Is Columbus Day a holiday that affects the financial markets? Many people wonder whether they can trade stocks, bonds, and other assets on this day. Here's a breakdown:
What's Open?
- The Forex Market: Usually, the Forex market remains open on Columbus Day.
- Cryptocurrency Exchanges: Crypto exchanges also typically operate as normal.
What's Closed?
- USPS: Post offices are closed, and there is no regular mail delivery.
NYSE and NASDAQ
The New York Stock Exchange (NYSE) and NASDAQ generally remain open on Columbus Day. Banks are usually open. You can typically carry out your usual transactions.
Bond Market
Typically, the bond market follows the stock market's lead and remains open on Columbus Day.
Planning Your Trading
It's always a good idea to check with your broker or financial institution for any specific changes to their operating hours. Keep an eye on any potential news or events that could impact market volatility, even on a holiday like Columbus Day.
Disclaimer: This is for informational purposes only. Consult a financial professional for personalized advice.