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Does the Stock Market Close Early for Memorial Day?

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Memorial Day is the traditional start to summer, though there's hardly anything traditional about this year's day of commemoration. The annual rituals of opening up the pool, running across a sandy beach and throwing a backyard cookout might very well be on hold across various parts of the country that are slowly reopening from the COVID-19 pandemic.

However, one thing will remain the same: Investors will get an extra day off. Both the stock market and the bond market are closed on May 25 in observation of Memorial Day. Also, the bond market closes early the Friday before Memorial Day.

SEE ALSO: 20 Best Stocks to Buy Now for the Next Bull Market

Regular trading in stocks and bonds resumes on Tuesday.

The following is a schedule of stock market and bond market holidays for 2020. 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.

2020 Market Holidays

Wednesday, Jan. 1

New Year's Day

Closed

Closed

Closed

Monday, Jan. 20

Martin Luther King Jr. Day

Closed

Closed

Closed

Monday, Feb. 17

Presidents' Day/Washington's Birthday

Closed

Closed

Closed

Thursday, April 9

Maundy Thursday

Open

Open

Early close
(2 p.m.)

Friday, April 10

Good Friday

Closed

Closed

Closed

Friday, May 22

Friday Before Memorial Day

Open

Open

Early close
(2 p.m.)

Monday, May 25

Memorial Day

Closed

Closed

Closed

Thursday, July 2

Day Before Independence Day

Open

Open

Early close
(2 p.m.)

Friday, July 3

Independence Day (Observed)

Closed

Closed

Closed

Monday, Sept. 7

Labor Day

Closed

Closed

Closed

Monday, Oct. 12

Columbus Day

Open

Open

Closed

Wednesday, Nov. 11

Veterans Day

Open

Open

Closed

Thursday, Nov. 26

Thanksgiving Day

Closed

Closed

Closed

Friday, Nov. 27

Day After Thanksgiving

Early close
(1 p.m.)

Early close
(1 p.m.)

Early close
(2 p.m.)

Thursday, Dec. 24

Christmas Eve

Early close
(1 p.m.)

Early close
(1 p.m.)

Early close
(2 p.m.)

Friday, Dec. 25

Christmas Day

Closed

Closed

Closed

Thursday, Dec. 31

New Year's Eve

Open

Open

Early close
(2 p.m.)

Friday, Jan. 1, 2021

New Year's Day

Closed

Closed

Closed

Market Holiday Observations

When 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.

SEE ALSO: 32 Ways to Earn Up to 9% on Your Money Now

EDITOR'S PICKS

Copyright 2020 The Kiplinger Washington Editors