While North American markets will resume regular trading Monday following the Easter holiday weekend, others will remain closed in Europe and Asia.
The New York Stock Exchange and Nasdaq were closed on April 2 in observance of Good Friday, along with U.S. over-the-counter markets. U.S. bond markets closed early at noon EDT.
London Stock Exchange,
Frankfurt Stock Exchange, Toronto Stock Exchange, and Hong Kong Stock Exchange were also closed on Good Friday.
What’s open on Easter Monday?
Exchanges in New York and Toronto will reopen on Easter Monday, resuming trading under their usual schedule. Both the New York Stock Exchange and Nasdaq are slated to open at 9:30 a.m. EDT Monday.
However, markets in Europe, including France, Germany, and the U.K., will remain closed for the holiday on April 5. In addition, the Shanghai Stock Exchange will be closed for Qingming Festival. The Hong Kong Stock Exchange will be closed both Monday and Tuesday.
What’s been going on in the market?
Stocks ended the week on a high note Thursday, buoyed by President
newly unveiled infrastructure plan, which led to gains at home and abroad, despite rising unemployment claims and Covid-19 cases in some regions.
The Dow Jones Industrial Average gained 0.2% last week, and is up 8.3% so far this year. The S&P 500 climbed 1.1% last week, notching a 7% year-to-date rise. The Nasdaq added 2.6% last week, and is 4.6% higher in 2021.
What might investors be looking out for?
Barron‘s has put together a look-ahead outlining economic events scheduled to happen this week, including the IMF and World Bank Group’s spring 2021 meetings and several companies’ earnings releases. Click here for more.
Connor Smith contributed to this report.
Write to Teresa Rivas at email@example.com
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