After starting the year with resurgent risk appetite, traders will get some time off from the stock market on Martin Luther King, Jr. With over a decade of experience writing about the stock market, Karee Venema is an investing editor and options expert at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer’s Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis. Is the stock market open on Martin Luther King Day? The stock market will be closed Monday, Jan. 16, for MLK Day, as the holiday is also known.

• Below, we feature a full schedule of all stock market and bond market holidays for 2023.
• This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).
• The stock market will close on Monday, Jan. 2 to observe the holiday.
• Please visit

  this URL to review a

  list of supported browsers.

• We maintain a firewall between our advertisers and our editorial team.
• As mind-boggling as it might be, the birthday of Confederate general Robert E. Lee is still celebrated in some states and the observance falls on the same day as MLK Day.

U.S. stock markets will be closed in observance of Juneteenth on Monday, June 19. To celebrate, some of the businesses or services you normally use during the week may be closed Monday in observation. Several organizations, businesses and churches around Greater Cincinnati are also hosting events in honor of the annual holiday. Although King’s actual birthday is Jan. 15, the holiday is observed on the third Monday of January. Ceremonies commemorating King’s birthday and legacy have been held since his assassination in 1968, but it did not become an approved federal holiday until 1983, when President Ronald Reagan signed it into law. All 50 states made it a state government holiday by 2000.

Additional bond market holidays

The three-day weekend marks the second stock market holiday of 2023, as the equities market was closed on Monday, Jan. 2, in observance of New Year’s Day. While the market generally remains open on most days, you can expect the stock market to remain closed on MLK day 一 just like the rest of the major federal holidays. The Nasdaq and New York Stock Exchange will close that day in observance of this national holiday which honors the life and legacy of civil rights leader Dr. Martin Luther King Jr. and celebrates racial justice. This can also have an impact on stock prices so be sure to factor this into your trading plans for the week surrounding this holiday. As many investors and traders start looking ahead to their summer vacations, here’s a rundown of the upcoming holiday calendar for the stock and bond markets. U.S. stock and bond markets are closed Monday in observance of the Martin Luther King Jr. holiday, coming as Wall Street absorbs a record-setting run-up for equities.

Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all available deposit, investment, loan or credit products.

NASDAQ: Early Close @ 1pm Eastern

Well, we can tell you that you won’t be able to head into the good ‘ol RMV for a license renewal. Just so you don’t go anywhere that’s closed, we’ve compiled a list of common places you may want to know the status of this Monday. At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict

editorial integrity,

this post may contain references to products from our partners. Their regular hours of operation run from Monday to Friday from 9.30am to 4pm ET, while their doors shut over the weekend.

We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. The New York Stock Exchange, Nasdaq and bond markets are all closed. Furthermore, just because the stock market is less active doesn’t mean everything is tranquil.

Nasdaq Trading Insights

No, similarly to the stock market, banks will be closed on Monday as it is a federal holiday. While most institutions close in observance of the day, they https://forexarticles.net/trading-systems/ aren’t required to. Delayed compensation accrues on loan market trades that do not settle within a set number of business days after the trade date.

Designed to honor Martin Luther King Jr., MLK Day became a federal holiday in 1983, though some states took a bit longer to adopt it as a paid state holiday. It falls on the third Monday of every January. It was the first federal holiday in the U.S. to honor an African American. Monday, Jan. 16, is one of 11 bank holidays in 2023. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail.

For Business

ATMs and online banking services will still be available. Similarly, bond traders also have a day off in observance for Veterans Day. In 2023 Veterans Day is Saturday, Nov. 11, with bond markets closed on Friday, Nov. 10. But the NYSE and the Nasdaq will hold regular hours. Both the stock and bond markets will be closed this Monday in honor of civil rights leader Martin Luther King Jr. The stock market is typically closed on nine holidays every year, while the bond markets remain closed for an additional two holidays.

Keeping up with political and economic news throughout the holidays may help you profit from upcoming market developments as these topics continue to impact stock prices. Because both professional and ordinary traders take vacations during the holidays, the stock trading volume typically decreases. However, that does not imply that there is no trade going on. Stock prices may also be more erratic than usual since there are fewer buyers and sellers to assure liquidity because fewer traders are active in the markets.

Day today, there is no mail delivery, except for priority mail deliveries, and post offices are also closed. According to the Federal Reserve Bank, “all nonessential federal offices and many financial institutions are closed for business.” Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate.

Take a look at this list of stock market holidays in 2023 to find out whether the market will be open on days like Veterans Day, Presidents’ Day and others. Usually, when a national holiday falls on a weekend, the closures are adjusted accordingly. For holidays on a Saturday, the markets are closed on Friday. If the holiday happens on Sunday, then the markets are to be closed on that following Monday. Bankrate.com is an independent, advertising-supported publisher and comparison service.

Similarly, big grocery chains, such as Harris Teeter, Kroger and Whole Foods, as well as restaurants will also be open. Some small businesses are closed on the holiday, due to staffing issues. While the New York Stock Exchange and Nasdaq are closed, stock futures will be active, including contracts linked to the Dow (DJI), S&P 500 (SP500) and Nasdaq Composite (COMP.IND). All three of the major averages have had an impressive start to 2023, soaring 3.5%, 4.5% and 6.6%, respectively. That’s why it’s never a bad idea to check with your local bank or branch to confirm their hours.