President's Day and the stock market, banks: what to know
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President's Day — the third Monday of every February — is considered a federal holiday which means most consumers and investors get to unplug for a three-day weekend.
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Feb. 15 is considered a market holiday for U.S. equity markets, including the New York Stock Exchange and the Nasdaq. Financial markets will resume normal trading hours on Tuesday.
|ICE||INTERCONTINENTAL EXCHANGE INC.||111.11||-0.11||-0.10%|
|NDAQ||NASDAQ OMX GROUP INC||141.99||-0.38||-0.27%|
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Most of the nation's major banks will also be closed in order to observe the holiday, which originally began as a celebration of George Washington’s birthday on Feb. 22.