Is the Stock Market Open on Martin Luther King Jr. Day? Here’s What to Expect Monday

Is the Stock Market Open on Martin Luther King Jr. Day? Here’s What to Expect Monday

Is the Stock Market Open on Martin Luther King Jr. Day? Here's What to Expect Monday

Key Takeaways

Major stock and bond markets will close on Monday in observance of Martin Luther King Jr. Day, which this year coincides with a presidential inauguration.

The New York Stock Exchange
and
Nasdaq
won’t open on Monday, and U.S. bond trading will halt in honor of the civil rights leader.

CME Group will pause trading in U.S. markets, and some of the exchange’s international markets will also shutter for the holiday, according to its schedule. Similarly, Cboe will hold off U.S. equities trading on Monday, and pause U.S. options trading from 11:30 a.m. to 8:15 p.m. Eastern Time, and U.S. futures trading from 10:30 a.m. to 5 p.m. E.T., according to its calendar.

In addition to the holiday, the first trading break of the new year, the U.S. will inaugurate Donald Trump on Monday, kicking off his second presidential term.

Traders will next get a day off on President’s Day, which falls on Feb. 17.

Read the original article on
Investopedia

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