These markets are open for trading on the Martin Luther King Jr. holiday

FAN Editor

There will be no equity or bond trading on Wall Street on Monday in observance of the Martin Luther King Jr. holiday.

Continue Reading Below

U.S. equity futures will trade electronically until 1 p.m. ET.

Asian shares were mostly higher Monday as investors awaited central bank decisions and earnings reports due out in coming weeks.

Japan’s benchmark Nikkei 225 edged 0.2 percent higher, Hong Kong’s Hang Seng lost 0.7 percent and China’s Shanghai Composite gained 0.5 percent.

US-CHINA TRADE WAR” PHASE TWO TALKS ZERO IN ON BEIJING’S ‘DRACONIAN’ RULES

China’s central bank left its one-year loan prime rate unchanged at 4.15 percent, holding off on easing credit further as it uses other methods to pump up liquidity in the markets ahead of the Lunar New Year.

Elsewhere, investors are looking to a statement from the Bank of Japan when its two-day policy meeting ends on Tuesday.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The European Central Bank will make an interest rate decision later in the week.

Markets are also watching for earnings reports expected in coming weeks by companies around the world.

On Friday, Wall Street capped a milestone-setting week with more modest gains that nudged the major stock indexes to all-time highs.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 29348.1 +50.46 +0.17%
SP500 S&P 500 3329.62 +12.81 +0.39%
I:COMP NASDAQ COMPOSITE INDEX 9388.944045 +31.81 +0.34%

The benchmark S&P 500 index also notched its second-straight weekly gain.

The S&P 500 index rose 0.4 percent, to 3,329.62. The benchmark index also set all-time highs on Monday, Wednesday and Thursday.

The Dow Jones Industrial Average gained 0.2 percent to 29,348.10, while the Nasdaq added 0.3 percent, to 9,388.94.

CLICK HERE TO READ MORE ON FOX BUSINESS

The latest batch of positive corporate earnings reports and economic data has helped keep investors in a buying mood after the midweek signing of an initial trade deal by the U.S. and China. Progress on trade has eased fears on Wall Street about the potential for the dispute to escalate further.

The Associated Press contributed to this article.

Free America Network Articles

Leave a Reply

Next Post

New York Times endorses two candidates for president for first time

The New York Times announced late Sunday night its endorsement for the presidency. For the first time, it bestowed its stamp of approval on two candidates, Elizabeth Warren and Amy Klobuchar, both sitting senators who represent divergent strains in the Democratic Party. The Times editorial board, noting that voters are […]