What markets are closed on Memorial Day?

By StocksFOXBusiness

Will retail stocks continue to fuel the market?

S&P Investment Advisory Services portfolio manager Erin Gibbs discusses the stock market’s performance and the upsurge in retail stocks.

The  financial markets in the U.S. will be closed on Monday in observance of Memorial Day.

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Fixed-income markets will remain closed.

U.S. markets for commodities, including gold and crude oil  will also be closed.

Currency markets will be open on Monday.

In Europe, London’s markets will also be closed for a bank holiday.

France’s CAC is down 0.39%, while Germany’s DAX is off 0.28%.

The Dow fell on Friday as a decline in oil and concern over a scuttled summit with North Korea made investors wary on the eve of the three-day Memorial Day weekend.

The Dow Jones Industrial Average lost 58.67 points, or 0.24%, to 24,753.09. The S&P 500 dropped 6.43 points, or 0.23%, to 2,721.33. The Nasdaq Composite was up 9.42 points, or 0.13%, at 7,433.85.

Despite geopolitical tensions, the major averages closed the week in positive territory.

The Dow edged 0.15% higher on the week, while the S&P 500 rose 0.31%. The Nasdaq posted the largest gain at 1.08%.

Oil futures were hit on Friday, erasing some of their recent gains on the potential for OPEC and Russia to work together to curb their oil output by about 1 million barrels per day.

FOX Business’ Leia Klingel and Matthew Rocco contributed to this article.