^GSPC Today, January 20: MLK Holiday Shuts Markets; Futures Close Early
The US stock market holiday for Martin Luther King Jr. Day closes US cash equities and bonds, shaping today’s tone for Hong Kong traders. We outline the MLK Day schedule, CME futures hours, and how thin liquidity can affect pricing in Asia. With US markets shut, price discovery shifts to futures and FX. We highlight timing in HKT, the potential for gap risk into Tuesday’s US reopen, and simple steps to protect capital and orders.
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