Remember when holidays meant the market was closed?
Now it seems silly to think that US equity trading from 9:30 AM to 4:00 PM ET matters that much.
On a day when the world is obsessing over Libya, European markets are down across the board. Spain’s IBEX is a major loser (-1.2%). The CAC-40 and the DAX are down as well.
Meanwhile, NASDAQ-100 futures are well of as well, so expect a down day Tuesday.