finance.yahoo.com
Presidents Day 2025: Market Closures and Economic Insights
936+ Words Refined into 7 Facts by AI • 3 sources • 3h ago
Show Full Summary
- The article discusses the complexities of economic data and its impact on the stock market, emphasizing the Latin phrase 'Ceteris paribus'.
- Recent economic indicators show mixed signals, with retail sales declining by 0.9% in January.
- Inflation rates have slightly increased, with the Consumer Price Index (CPI) rising to 3.0% year-over-year.
- Fed Chair Jerome Powell stated that the Federal Reserve is not in a hurry to adjust its policy stance.
- Presidents Day is observed annually on the third Monday in February, with the 2025 holiday falling on February 17.
- The U.S. stock markets, including the Nasdaq and the New York Stock Exchange, will be closed on Presidents Day 2025.
- In addition to Presidents Day, the NYSE and Nasdaq will observe several other holidays in 2025.
The sources of this summary are listed below. Click to view.