The stock exchange was open on Monday, October 14: What happened on Columbus Day and Indigenous Peoples Day?
15 october 2024 в 00:13
On most federal holidays, the American stock market is closed. However, some companies remained open on Monday, October 14, leading to widespread confusion. Several banks and major retail chains either kept their doors open or simply reduced their hours of operation. So, was the stock market open today? Find out below.
Monday, October 14, is a federal holiday. The second Monday of October is recognized as Columbus Day. However, in recent years, it has been observed as Indigenous Peoples' Day.
President Joe Biden became the first U.S. president to proclaim this date as Indigenous Peoples' Day in October 2021.
«I, Joseph R. Biden, President of the United States of America, do hereby proclaim October 11, 2021, as Indigenous Peoples' Day», - he said in his statement. «I call upon the people of the United States to observe this day with appropriate ceremonies and activities. I also direct that the flag of the United States be displayed on all public buildings in honor of our diverse history and the Indigenous peoples who have contributed to the formation of this nation».
The stock market was open on Monday, October 14. Several exchanges do not observe Columbus Day or Indigenous Peoples' Day as holidays, including the New York Stock Exchange and NASDAQ.
Columbus Day is still celebrated by some around the world. This day was created to recognize the Italian explorer Christopher Columbus, who arrived in America in 1492. However, many point to the extreme conditions in which Indigenous peoples were subjected to by Columbus at that time, including slavery. This led to the idea of formally adopting Indigenous Peoples' Day in the late 20th century.
Several states have officially adopted this holiday to recognize Native Americans, including Maine, New Mexico, Vermont, Alaska, California, and South Dakota.
However, some communities still observe the second Monday of October as Columbus Day. In New York, the annual Columbus Day parade is a tradition, and it took place this year
Monday, October 14, is a federal holiday. The second Monday of October is recognized as Columbus Day. However, in recent years, it has been observed as Indigenous Peoples' Day.
President Joe Biden became the first U.S. president to proclaim this date as Indigenous Peoples' Day in October 2021.
«I, Joseph R. Biden, President of the United States of America, do hereby proclaim October 11, 2021, as Indigenous Peoples' Day», - he said in his statement. «I call upon the people of the United States to observe this day with appropriate ceremonies and activities. I also direct that the flag of the United States be displayed on all public buildings in honor of our diverse history and the Indigenous peoples who have contributed to the formation of this nation».
The stock market was open on Monday, October 14. Several exchanges do not observe Columbus Day or Indigenous Peoples' Day as holidays, including the New York Stock Exchange and NASDAQ.
Columbus Day is still celebrated by some around the world. This day was created to recognize the Italian explorer Christopher Columbus, who arrived in America in 1492. However, many point to the extreme conditions in which Indigenous peoples were subjected to by Columbus at that time, including slavery. This led to the idea of formally adopting Indigenous Peoples' Day in the late 20th century.
Several states have officially adopted this holiday to recognize Native Americans, including Maine, New Mexico, Vermont, Alaska, California, and South Dakota.
However, some communities still observe the second Monday of October as Columbus Day. In New York, the annual Columbus Day parade is a tradition, and it took place this year
© Kolganov Andrey
