U.S. Markets Closed for Presidents’ Day, Reopening Tuesday
Softer inflation has lowered Treasury yields, putting the week’s focus on fresh earnings alongside policy signals.
Overview
- The NYSE, Nasdaq and U.S. bond market were shut Monday for Presidents’ Day and will reopen Tuesday, Feb. 17, with equity trading starting at 9:30 a.m. ET.
- With exchanges closed, U.S. futures saw light volume, Asia stayed muted due to China’s Lunar New Year break, and gold dipped below $5,000 as major cryptocurrencies fell.
- Wall Street ended the prior week lower, with the Dow down about 1.23%, the S&P 500 off 1.39% and the Nasdaq sliding roughly 2.1% on pressure tied to tech and AI-capex worries.
- January inflation came in softer at 2.4% year over year and 0.2% month over month, pulling the 10-year Treasury yield near 4.05% and boosting expectations for Fed rate cuts later in 2026.
- Investors are watching earnings from Walmart, Warner Bros. Discovery, Booking Holdings, Deere and Palo Alto Networks, plus the Fed minutes, Q4 GDP and the core PCE price index.