The New York stock market in the United States was closed for the day on the 19th (local time) for Martin Luther King Day.
Martin Luther King Day in the United States falls on the third Monday of January each year. The day commemorates the birth of Martin Luther King Jr., a Black civil rights activist and pastor, and honors his philosophy of nonviolent human rights activism. The U.S. government has officially designated it a federal holiday since 1986.
The New York stock market will resume trading from the 20th, the day after the closure. The U.S. bond market was also closed that day and will reopen on the 20th.
On the previous trading day, the 16th, the Dow average and the S&P 500 index fell 0.17%, and the Nasdaq index closed down 0.06%.
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