Is the stock market open or closed on Presidents Day 2024??
The United States stock markets will observe a closure on Monday, February 19, in honour of George Washington’s birthday, more commonly known as Presidents Day. Both the Nasdaq and New York Stock Exchange will remain closed on Monday and resume regular operations on Tuesday, February 20. The U.S. bond market will also be closed on Monday, as confirmed by the Securities Industry and Financial Markets Association.
Presidents Day is an annual celebration occurring on the third Monday of February. The date varies each year due to the Uniform Holiday Bill signed in 1968 by President Lyndon B. Johnson. This legislation mandates that holidays, including Presidents Day, fall on Mondays to avoid midweek disruptions and extend long weekends on the federal calendar.
In 2024, Presidents Day marks the third market closure following New Year’s Day on January 1 and Martin Luther King Jr. Day on January 15. The subsequent market closure will be on Friday, March 29, in observance of Good Friday.
The Presidents Day celebration is part of the 2024 holiday schedule for the United States stock market, which includes closures on the following dates:
- Washington’s Birthday: Monday, Feb. 19
- Good Friday: Friday, March 29
- Memorial Day: Monday, May 27
- Juneteenth: Wednesday, June 19
- Independence Day: Thursday, July 4
- Labor Day: Monday, Sept. 2
- Thanksgiving: Thursday, Nov. 28
- Christmas: Wednesday, Dec. 25
As the year progresses, these closures provide investors with crucial insights and allow them to plan their activities around the stock market holidays.