Core Viewpoint - U.S. futures and international equities markets began the week on a downward trend, while bond yields increased as investors moved away from risky assets [1] Group 1 - U.S. futures markets opened lower, indicating a bearish sentiment among investors [1] - International equities markets also experienced declines, reflecting a global trend away from riskier investments [1] - Bond yields rose, suggesting a shift in investor preference towards safer assets [1]

Core Points - Columbus Day 2025, observed since 1937, honors Italian Americans but faces increasing advocacy for recognizing Indigenous Peoples due to historical violence by Christopher Columbus [1][2] - Columbus Day remains a federal holiday on October 13, 2025, with some institutions closing while major stock exchanges like NYSE and Nasdaq will operate normally [2][3] - The US bond market will be closed on Columbus Day, following a different holiday schedule, while electronic trading platforms will remain active [3] Market Impact - Major stock exchanges, including NYSE and Nasdaq, will operate during regular trading hours on Columbus Day, indicating no disruption in stock trading activities [2][3] - The US bond market's closure on Columbus Day suggests a divergence in trading schedules between stock and bond markets, impacting liquidity and trading strategies [3] - Commodity futures markets will follow modified trading schedules, which may affect trading volumes and market dynamics on that day [3]