Remember that this Monday is stock market veterans day, a federal holiday that was established to honor events that took place over a hundred years ago.
It was originally celebrated of November 11, 1918, the effective date of the end of World War I through the signing of an armistice between the Allied nations and Germany that began at the ‘eleventh hour of the eleventh of November as defined by the U.S. Department of Veterans Affairs.
The intention of the day is to pay tribute to the USA’s veterans ‘for their pride, duty, and self-sacrifice for the nation,’ as the Department of Veterans Affairs describes the holiday at its web site.
Veterans Day is one of those federal holidays, and therefore, some companies may be shut down in honor of this occasion. This is everything you need to find out about the markets and if they will be open on Veterans Day.
What happens to the stock market on Veterans Day?
Despite Veterans Day being a federal holiday, both, NYSE and NASDAQ will be open on Monday according to the Securities Industry and Financial Markets Association.
However, one area of the markets will remain shut as bond markets are as are on Monday .
2024 Holiday calendar of the U.S. stock market
The stock market will be closed for two more dates this year, which are the following:
- Thanksgiving: Friday Nov 29 (markets close at 1300 ET on Thursday Nov 29)
- Christmas: Closed at markets: Tuesday, Dec 24, 1 p.m. ET; Open on: Wednesday, Dec 25
The NYSE and NASDAQ holidays are New Year’s Day (January 1st), Martin Luther King, Jr. Day (third Monday in January), President’s Day (third Monday in February), Good Friday (Friday before Easter), Memorial Day (last Monday in May), Independence Day (July 4th), Labour Day (first Monday in September), Thanksgiving Day (fourth Thursday in November) and Christmas Day (December 25th) .
If the holiday falls on a working day there is no trading that takes place in the exchange. In the case if the holiday falls on a weekend, the exchange will be shifting either on Friday before the holiday or on Monday after the it, except for New year’s exchange.
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