Stock Market Open, Bonds Closed for Columbus Day; Light Volumes May Bring Volatility

The U.S. stock market will be open on Columbus Day while the bond market will be closed.

Trading volumes tend to be light on Columbus Day, which can lead to volatility.

Columbus Day is a federal holiday but many now observe it as Indigenous Peoples' Day.

Last year, the Biden Administration recognized Indigenous Peoples' Day alongside Columbus Day.

Post offices, public schools, and banks will be closed for Columbus Day.