US Holiday Presidents' Day

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Definition of 'US Holiday Presidents' Day'

In the United States, Presidents' Day is a federal holiday, which means that most banks and government offices are closed. However, the stock and bond markets operate on a slightly different schedule.

The New York Stock Exchange (NYSE) and Nasdaq Stock Market are closed on Presidents' Day and do not trade. However, some other markets, such as the CME Group, which operates futures and options exchanges, have abbreviated trading hours on the holiday. It is always advisable to check with the specific exchange to confirm their trading hours on federal holidays.

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