Is the Stock Market Closed on MLK Day 2022? | Kiplinger

is-the-stock-market-closed-on-mlk-day-2022?-|-kiplinger

Markets

Both the stock markets and bond markets will have Monday off as the nation honors civil rights leader Martin Luther King Jr.The first three-day weekend of the year is upon us. Neither the stock market nor the bond market will be open for trading on Martin Luther King Jr. Day, which falls on Monday, Jan. 17, in 2022.

Both the stock and bond markets will reopen Tuesday, following the three-day holiday weekend that commemorates the birthday of the civil rights leader.

While MLK Day is meant to celebrate King’s birthday, the federal holiday is observed on the third Monday in January, regardless of date. So while King’s birthday was Jan. 15, the holiday often isn’t observed on that date. That’s the case in 2022.

The following is a schedule of stock market holidays and bond market holidays for 2022. Please note that regular trading hours for the New York Stock Exchange (NYSE) and Nasdaq Stock Market are 9:30 a.m. to 4 p.m. Eastern on weekdays. The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.

2022 Market HolidaysDateHolidayNYSENasdaqBond Markets*Monday, Jan. 17Martin Luther King Jr. DayClosedClosedClosedMonday, Feb. 21Presidents’ Day/Washington’s BirthdayClosedClosedClosedThursday, April 14Maundy ThursdayOpenOpenEarly close

(2 p.m.)Friday, April 15Good FridayClosedClosedClosedFriday, May 27Friday Before Memorial DayOpenOpenEarly close

(2 p.m.)Monday, May 30Memorial DayClosedClosedClosedMonday, June 20Juneteenth National Independence Day (Observed)ClosedClosedClosedFriday, July 1Friday Before Independence DayOpenOpenEarly close

(2 p.m.)Monday, July 4Independence DayClosedClosedClosedMonday, Sept. 5Labor DayClosedClosedClosedMonday, Oct. 10Columbus DayOpenOpenClosedFriday, Nov. 11Veterans DayOpenOpenClosedThursday, Nov. 24Thanksgiving DayClosedClosedClosedFriday, Nov. 25Day After ThanksgivingEarly close

(1 p.m.)Early close

(1 p.m.)Early close

(2 p.m.)Friday, Dec. 23Christmas Eve (Observed)OpenOpenEarly close

(2 p.m.)Monday, Dec. 26Christmas Day (Observed)ClosedClosedClosedFriday, Dec. 30New Year’s Eve (Observed)OpenOpenEarly close

(2 p.m.)* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.

Stock Market Holiday ObservancesWhen it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:

If the holiday falls on a Saturday, the market will close on the preceding Friday.If the holiday falls on a Sunday, the market will close on the subsequent Monday.Stock and Bond Market HoursThe “core trading” stock market hours for the NYSE and Nasdaq are 9:30 a.m. to 4 p.m. on weekdays. However, both exchanges offer premarket trading hours between 4 and 9:30 a.m., as well as late trading hours between 4 and 8 p.m.

Bond markets typically trade between 8 a.m. and 5 p.m.

The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.


Leave a comment

Your email address will not be published. Required fields are marked *