Stock gains this year have been driven by hopes for tax cuts and fiscal stimulus measures such as infrastructure spending pledged by the Trump administration. The New York Stock Exchange and Nasdaq will be closed on Monday, as recommended by the Securities Industry and Financial Markets Association. Both venues will hold normal trading hours on Friday, February Traders will be able to access futures and options contracts on Globex during regular hours on Friday.

However, the electronic exchange will close at noon Eastern Time on Monday and reopen at 5 p.

That halt will impact equity futures contracts tied to the Dow industrials US: ESH7 and the Nasdaq index US: NQH7 as well as oil futures US: CLH7 and gold futures US: However traders suspect volumes will be below average. European and Asian stock markets will be open on Monday. The federal holiday was later moved to the third Monday of February..

Presidents’ Day Holiday Hours: Banks, Post Office, Walmart Open Or Closed?

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