US markets will be closed next Monday, September 1st, to commemorate Labor Day. While there are holidays where you’ll find some US markets open and others closed (eg Veteran’s Day) all US exchanges, listed and OTC fixed income markets, banks, and the post office are all going to be closed. International markets will be open of course, but if you live in the US and focus on domestic trades you might just have to enjoy the day.
Labor day – Last market close until the holiday season
Even though August has a reputation for being a bit of a slow month we’re actually finishing up the longest stretch of the year without a bank holiday, just shy of two months. But the wait until the next across-the-board market close is slightly longer since exchanges stay open on Columbus Day on October 13 and Veteran’s Day on November 11. US markets will close again on November 27 for Thanksgiving and then open for a half day on November 28, so you have a good reason to avoid the worst of Black Friday (or react to early impressions rolling in). After that it’s a half day on Christmas Eve, everything’s closed for Christmas, and then closed again on New Year’s Day.
David Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More
SIFMA recommends slightly more closing dates than stock exchanges observe
Unlike the stock exchanges, which don’t take that many days off during the year, SIFMA recommends that bond markets either close or close early on pretty much every bank holiday. That includes market closures on Columbus Day, Veteran’s Day, and a short trading day on New Year’s Eve on top off all the holidays listed above.
Of course none of this applies to international markets, one of the reasons Americans abroad (like myself) always feel like these holidays spring up out of nowhere, and you may still see a few stories posted on ValueWalk during the holiday.