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Memorial Day: Is the stock market open?

The equity markets in the U.S. will be closed Monday for Memorial Day.

There will be trading Monday in the futures markets — including stocks, oil and gold — until 1 p.m. ET.

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The bond market will be closed Monday so there will be no trading in U.S. Treasuries.

There will be trading in the currency market, although at a lower volume.

There will be trading Monday in global markets.

BITCOIN WON’T DISPLACE

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$AMC Stock: Reddit, Twitter Day Traders Bet They Can Outsmart Wall Street Pros

One works in the hedge fund industry in New York, the other in IT recruitment in Dallas.

But in this season of meme stock mania — when fortunes can be made or lost with the next post on Reddit or Twitter or chats on Discord — the faraway worlds of Jason Mudrick and Drew Entler have collided in spectacular fashion.

And, for the moment, the IT guy may just be ahead. 

The point of contact: AMC Entertainment Holdings Inc., a darling of the Reddit day trader horde that has rallied almost 3,000 % this year. Just on Wednesday, the company’s

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Is the Stock Market Open Today? Here Are the Memorial Day 2021 Hours.

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Memorial Day, which honors those who died while serving in the U.S. military, became a national holiday in 1971.


Sean M. Haffey/Getty Images

Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.

Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.

U.S. equities had a mostly dull week, with the

S&P 500 index

rising 1.2% and the

Dow Jones

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Wall Street has high expectations for Ford’s investor day

Ford CEO Jim Farley speaks with reporters outside the company’s world headquarters on May 19 in Dearborn, Michigan, following the debut of the electric F-150 Lightning pickup truck

Michael Wayland / CNBC

DETROIT — Wall Street has high expectations for Ford Motor’s first investor day under CEO Jim Farley on Wednesday.

The company’s stock price has roughly doubled since Farley took control of the company Oct. 1. That includes a 12.6% increase last week after the debut of the company’s new electric F-150 Lightning pickup truck.

Investors will be watching the highly anticipated investor event to see if Farley can

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Day in the Life of Wall Street as Return From Covid-19 Begins

Jon Corzine was about to leave his Upper East Side apartment at 7:25 on Wednesday morning before his wife, Sharon, stopped him.

“Your mask,” she reminded the former head of Goldman Sachs Group Inc. Corzine, who’s now running the hedge fund JDC-JSC, stepped into the elevator and out onto Fifth Avenue to walk to the midtown Manhattan office where he spent nine months alone. But things are changing. A trader joined him in March, and next week he’s going to take his first in-person meeting since Covid-19 began ravaging New York more than a year ago.

Since then, the pandemic

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Here Are the Top Finance Stories of the Day for May 10

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

  • RBC dealmakers explain how increased interest in ESG-focused deals has changed how investment banks are operating. 
  • Goldman Sachs is rolling out a new crypto trading team
  • Asset managers are building crypto offerings to meet investor demand, but high carbon emissions are a “stumbling block.”

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Join us Thursday, May 13 at 12 p.m. ET for “Financing Net-Zero,” to

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CumRocket Crypto Surges 634% In A Single Day In ‘Extreme Mania’ Market

What Happened: A cryptocurrency called CumRocket (CUMMIES) surged 634% in a single day, taking its market cap to over $140 million, according to data from CoinMarketCap.

The project’s main goal is to provide an NFT marketplace for 18+ content, where creators get paid in crypto and tipped in the CumRocket token CUMMIES.

CUMMIES are traded on the Binance Smart Chain, and according to the project’s tokenomics, every time someone sells a token, they are charged a 5% tax, of which 2.5% is burned automatically, while the other 2.5% is distributed to existing holders.

CumRocket considers itself to be more

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