From Nasdaq:

High hopes for China’s market return were not met with modest gains. The Lunar New Year saw a 47% surge in tourism revenue, as well as a significant 61 million rail trips, but the central bank did not cut rates. The Nikkei jumped 15% within the year after reaching all-time peaks and the S&P 500 increased by $570 billion. Additionally, lagging indicators have prompted warnings of high wage growth from the European Central Bank. U.S. markets may be shut, but movie spoilers could reveal a comeback for the European Central Bank.



Read more: MORNING BID EUROPE-China markets look like they need another holiday