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Yes, the US stock market is closed for Labor Day on Monday
Nasdaq has gained 34.1% in the 8 months before Labor Day, its best stretch since 2003 The U.S. stock market will be closed for Labor Day on Monday, Sept. 4, along with the roughly $25 trillion Treasury market, giving workers an extra day for a long holiday weekend. Labor Day typically represents the last blast of summer before school starts back up. Wall Street tends to mark the holiday by prepping billions of dollars in corporate bonds to sell for investors. This year, a $15.4 billion flurry of "junk-rated" bonds and loans are being lined up for sale, according to Bloomberg. The market backdrop heading into the ... (full story)