Monday, Oct. 13 will be a regular business day for United States stock markets, as markets will not close in observance of Columbus Day or Indigenous Peoples' Day . The U.S. bond market, however, will be closed, according to the Securities Industry and Financial Markets Association .

Columbus Day, celebrated on the second Monday in October, has been a federal holiday since 1892 and is celebrated across the country with parades that highlight Italian-American heritage and pride, according to the Smithsonian Maga zine .

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