Holiday Halt: Why S&P 500, Nasdaq are closed for trading today
6 Articles
6 Articles
Holiday Halt: Why S&P 500, Nasdaq are closed for trading today
Wall Street is closed Monday, September 7, for Labor Day, with trading resuming Tuesday. Investors face a crucial week as stronger August jobs data boosts expectations of tighter Fed policy. Attention will shift to upcoming CPI inflation data, oil prices, Treasury yields and geopolitical tensions, which could drive market volatility.
Why Are US Markets Closed September 7?
The post Why Are US Markets Closed September 7? appeared first on Coinpedia Fintech News Wall Street is closed Monday, September 7, for Labor Day, giving investors a three-day weekend. The NYSE, Nasdaq and US bond markets resume trading Tuesday at 9:30 a.m. ET. Stocks ended last week lower after a stronger-than-expected August jobs report reshaped Fed rate expectations. Payrolls rose 162,000, well above forecasts, while unemployment held at 4.1%…
US stock markets were closed on Monday due to the federal holiday, Labor Day, but trading will resume at normal times on Tuesday; major Western European stock markets were mixed around 4 p.m. on Monday.
The Dow Jones, S&P 500 and Nasdaq remain closed on Monday, September 7 by Labor Day, as the market now looks at Apple, US inflation, and the Federal Reserve's next decision.
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