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Will shares be traded on Martin Luther King Jr. Day?

Markets take a break on Monday to recognize the Martin Luther King Jr. holiday.

The US stock markets as well as the bond market will be closed on Monday.

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Stock futures are traded until 13.00 and resumes at. 18.00

Commodity futures, such as energy and metals, are traded until 6 p.m. 14.30 and resumes at 18.

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Markets in Europe and Asia will act according to their regular schedules.

In the coming week, a third of the financial companies in the S&P 500 will report quarterly results, including heavyweights such as Bank of America, Goldman Sachs, Morgan Stanley, Travelers, Charles Schwab, Truist and PNC Financial Services.

In another volatile session, US equities ended mixed on Friday as bank earnings rolled in and after an unexpected 1.9% drop in retail sales.

Ticker Security Last Change Change %
I: DJI DOW JONES On average 35911.81 -201.81 -0.56%
SP500 S&P 500 4662.85 +3.82 +0.08%
I: COMP NASDAQ COMPOSITE INDEX 14893.75271 +86.94 +0.59%

The Dow Jones Industrial Average fell over 200 points or 0.5%, led by weakness in JPMorgan shares, which suffered their worst percentage decline since June 2020, followed by the Dow Jones Market Data Group.

The S&P 500 and Nasdaq Composite rose above 0.6% and 0.05%, respectively, and recovered steep losses.

Elsewhere, Wells Fargo's profits rose 86%, lifting these stocks while Citibank's profits fell 26%.

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Retailers were in focus as consumers withdrew their consumption in December with a decline of almost 2% compared to the headline. Excluding the car component, expenses fell by 2.3% compared to a pop of 0.3% the previous month.

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