What is the stock market closing date for Columbus Day in 2024?
Columbus Day is Monday, October 14, 2024. Many financial institutions and businesses close their doors on Columbus Day 2024, as it is a federal holiday. This means that many government offices will be closed. Employees may also get the day off. Some people may want to make stock market transactions on Columbus Day. If this is you, then you should know that the stock exchange will not be closed. The stock market is not closed on Columbus Day. The stock market was left open on Columbus Day as a result of this decision. The NYSE’s holiday schedule and hours are here.
Additionally, the stock market doesn’t close on Veterans Day, even though that’s a federal holiday. The stock market will not close on Columbus Day in 2024. The stock market maintains normal trading hours, which is not surprising to most. While the U.S. Stock Markets are open on Columbus Day (2024), the bond market will be closed. The Securities Industry and Financial Markets Association’s (SIFMA) recommendations govern the schedule of the bond markets. It has two additional holidays closures when the U.S. stocks are open. If you don’t want to wait, the bond market will reopen on Tuesday, Oct. 15, 2024. Columbus Day may be a federal day in the US but is not recognized as a national holiday by other countries. In some cases, holidays in other countries coincide with Columbus Day. This year, if that happens, certain international stock markets will also close. However, this isn’t due to the Columbus Day holiday; it’s merely a coincidence.
US Stock Market Holiday Schedule for 2024
Whether you’re a casual investor or a highly active trader, understanding when stock market closures occur is essential. You can plan more efficiently and complete your trades on time. By knowing when a closure is on the horizon, you may be able to capitalize on small market fluctuations that don’t typically occur.
Ultimately, the Nasdaq and NYSE have holiday schedules that generally align with the federal holiday schedule, though there are a few exceptions. Here is an overview of the US stock market holiday schedule for 2024:
New Year’s Day – Monday, January 1, 2024 (Observed)
Martin Luther King, Jr. Day – Monday, January 15, 2024
President’s Day – Monday, February 19, 2024
Good Friday – Friday, March 29, 2024
Memorial Day – Monday, May 27, 2024
Juneteenth – Thursday, June 19, 2024
Independence Day – Thursday, July 4, 2024
Labor Day – Monday, September 2, 2024
Thanksgiving Day – Thursday, November 28, 2024
Christmas Day – Wednesday, December 25, 2024
Additionally, the stock market often has a few early closures during the year. The stock market usually closes early the Friday following Thanksgiving. SIFMA has listed two more holidays for the bond market. These include:
Columbus Day – Monday, October 14, 2024
Veterans Day – Monday, November 11, 2024
- These closures are in addition to the ones mentioned above. Those include:
- Columbus Day – Monday, October 14, 2024
- Veterans Day – Monday, November 11, 2024
- Those bond market closures are in addition to the closures listed for the stock market above.
- Finally, it’s important to note that other bond and stock market closures can occur. Technical issues can cause trading to stop unexpectedly. Even events such as power outages can cause a sudden closure. Certain economic conditions could also cause trading to stop. You may also see trading halts on days other than those listed above. You may have been impacted by holiday market closures if you’ve ever tried to trade. Please share your thoughts below.
