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Columbus Day, which is on the second Monday of October, celebrates Christopher Columbus' arrival to the Americas on October 12, 1492. This is an important date in many Italian-American communities; it is controversial in some Native American communities.
Columbus Day is a national holiday in many countries of the Americas and elsewhere, and a federal holiday in the United States, which officially celebrates the anniversary of Christopher Columbus's arrival in the Americas. He went ashore at GuanahanÃ, an island in the Bahamas, on October 12, 1492.
Some financial markets will be closed on Monday, October 12, in observance of Columbus Day.