U.S. stocks markets are closed Monday in observance of Martin Luther King Jr. Day.

Foreign financial markets were open, with world stocks falling after China reported its economy expanded by just 6.6 percent in 2018, its slowest pace since the slump that followed the crackdown on protests centered on Tiananmen Square in 1989.

Germany's DAX fell 0.5 percent to 11,155 while the CAC 40 in France slipped 0.2 percent to 4,866. Britain's FTSE 100 added 0.1 percent to 6,976.

The New York Stock Exchange and the Nasdaq will resume normal trading hours on Tuesday.

The Securities Industry and Financial Markets Association also recommended the U.S. bond market close Monday.

The next market holiday is Washington's Birthday, which falls on Monday, Feb. 18.

Contributing: The Associated Press

This article originally appeared on USA TODAY: Is the stock market closed today for Martin Luther King Jr. Day?