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
L Brand's Victoria's Secret Seeks To Raise $500M Via Private Debt Offering
$L Brands Inc$ has announced its subsidiary, Victoria’s Secret & Co, is offering to sell $500 million in aggregate principal amount of senior unsecured notes due 2029 in a private offering.Victoria’s Secret will use the proceeds from the Notes offering, after deducting discounts and commissions to the initial purchasers of the Notes and estimated offering expenses, to fund a portion of a cash payment to L Brands.Pending completion of the Separation proceeds from the offering of the Notes will b
NIO Stock: What Is the Big Catalyst for Nio Coming on July 9?
As far as EV stocks go, Nio has been one of the go-to choices for investors of late. Indeed, this Chinese EV play has continued to outperform. Shares of NIO stock are now up more than 27% over the past month as investors climb back into growth stocks. Additionally, today’s move of more than 9% higher in NIO stock has brought about more interest in this EV name.Well, the Chinese EV market is absolutely massive. Currently, China hasmore than 40%of the global EV market, sitting just slightly behind
Tesla lifts Nasdaq to record-high close, S&P 500 dips
June 23 - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi