Market Extra: As stocks gyrate, which U.S. markets are closed on Memorial Day? [MarketWatch]
IHS Markit Ltd. Common Shares (INFO)
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Source: MarketWatch
As stocks gyrate, which U.S. markets are closed on Memorial Day? U.S. financial markets will be closed Monday in observance of Memorial Day to honor and remember the brave men and women who died serving their country. For some investors, it will be a much-needed reprieve, with stocks struggling to find support in a market battered by fears of an intensifying trade war between two economic titans—the U.S. and China. Ian Winer, an advisory board member of Drexel Hamilton, believes that the U.S. is severely handicapped in its standoff with China. “They are an autocracy and we are not. They can tell their people whatever they want. Our pain is felt real time in the press and our data. They control the media. We do not. If a farmer over there speaks up, they disappear. If a soybean farmer feels it here, it could swing an election,” he said. Winer noted that the prolonged fight is already making itself felt on the U.S. economy with “stunningly” weak manufacturing numbers. An IHS Markit flas
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