Also. . .

* Today, Government offices, many banks and financial markets in the United States will be closed in observance of Presidents Day. Foreign financial markets will be open.

* Today, Valicert Inc. is expected to release a new security product it claims could spur online shopping and confidential communication over wireless links by making consumers more confident in the security of their personal information.

* Wednesday, Federal Reserve Bank of San Francisco President Robert Parry speaks to the San Francisco Bay Area chapter of the National Assn. of Business Economists.