U.S. stock markets are open for trade, but bond markets are closed for the Columbus Day holiday on Monday. Stock markets are expected to observe regular-trading hours, with markets slated to open at 9:30 a.m. Eastern Time and close at 4 p.m. Eastern. Trading in energy and metals futures also are observing their usual trading schedules. The next holiday for U.S. stock markets is Thanksgiving on Nov. 26., and the Securities Industry and Financial Markets Association--a financial-markets industry group--is recommending an early 2 p.m. Eastern close on Nov. 27, the day after Thanksgiving. Because many U.S. federal institutions are closed on Monday, trading volume is expected to be relatively low, despite the fact that many markets are officially open.
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