vadimrysev Ahead of Memorial Day, we want to express appreciation to the brave men and women who have made the ultimate sacrifice for our freedom. Seeking Alpha wishes all our subscribers a beautiful holiday weekend and let us remember those who courageously gave their lives. Traders will get some time off from the stock market on Memorial Day after the S&P 500 ( SP500 ) scored a five-week winning streak, marking its longest such run since early February.
Earnings season is also coming to a close, while no big economic prints are on the calendar this week, except for the PCE inflation numbers on Friday. The report will be important, but the Fed Reserve is likely to wait several more months to see how things are going before it makes up its mind on the next step for monetary policy. Trading schedule: A holiday in the U.
S. will see the New York Stock Exchange and Nasdaq closed on Monday, though stock futures will be active. At the time of writing, contracts linked to the Dow ( INDU ), S&P 500 ( SPX ) and Nasdaq 100 (NDX:IND) are all hugging the flatline, holding steady in overnight action.
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Metals and energy futures on Comex and the New York Mercantile Exchange will trade until 1 PM ET on Monday, while crypto will be available all day, with Bitcoin last changing hands down 1.3% at $68,480. Across the pond, stock markets in Paris and Frankfurt are open, but the London Stock Exchange is closed for a bank holiday.
In Asia, trading was active in China, Hong Kong and Jap.
