Carriers expect roughly 2.6 million flyers on the Monday holiday based on last year’s TSA volumes, with full Real ID enforcement at checkpoints and normal NYSE hours even as federal banks stay closed.
U.S. equities enter a holiday-thinned Monday after Friday’s 0.59% S&P gain, with bond desks closed on the SIFMA calendar while JPMorgan, Goldman, Citigroup, and Wells Fargo report before Wednesday’s CPI.
The Cboe Volatility Index rose to 14.84 on Friday even as the Dow and Nasdaq advanced, a split that sets up a bank-earnings and inflation week for U.S. holders.
The S&P 500 closed at 7,811.54 on October 9 as SpaceX’s deal to buy 800 MHz spectrum from Grain Management sent T-Mobile, AT&T, and Verizon down double digits while Crown Castle and software names led the index higher.
The S&P 500 closed down 0.5 percent at 7,765.36 Thursday as Brent crude near $104 pressured tech leaders, while Treasury yields swung from multi-year highs after a strong 30-year auction.
U.S. stocks retreated Wednesday as long-dated Treasury yields touched multi-decade highs—the Dow fell 341 points, the S&P 500 closed at 7,801.77, and the 30-year yield reached 5.70 percent before a $39 billion 10-year auction steadied shorter maturities.