Is the Stock Market Open or Closed on Independence Day?
Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i
China's electric car leaders predict new energy vehicles will dominate the local market by 2030
New energy vehicles, which include electric cars, will account for 70% of China's new car sales by 2030, BYD founder Wang Chuanfu said at a conference over the weekend.Nio founder William Li predicted a higher penetration rate of 90%.The central government would like 20% of new cars sold to be new energy vehicles by 2025.BEIJING — New energy vehicles will dominate the world's largest auto market in about ten years, two executives from major Chinese electric car companies predicted over the weeke