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Americans are celebrating Columbus Day Monday.Columbus Day is a federal
holiday observed on the second Monday in October, marking the anniversary of the
arrival of Christopher Columbus to the Americas. Columbus, an Italian explorer
sailing under the Spanish flag, led four expeditions to the New World, but never
accomplished his original goal -- to find a western ocean route to Asia.
Instead, Columbus ushered in a new era in world history by opening up the
Americas to exploration.
Columbus Day became a U.S. holiday in 1971. It is generally observed by
banks, state government offices, the Postal Service and federal agencies. The
bond markets are closed for the holiday, but many businesses and stock exchanges
remain open. |
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