Stock Market Open, Bonds Closed for Columbus Day; Light Volumes May Bring Volatility
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The U.S. stock market will be open on Columbus Day while the bond market will be closed.
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Trading volumes tend to be light on Columbus Day, which can lead to volatility.
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Columbus Day is a federal holiday but many now observe it as Indigenous Peoples' Day.
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Last year, the Biden Administration recognized Indigenous Peoples' Day alongside Columbus Day.
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Post offices, public schools, and banks will be closed for Columbus Day.
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