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Is the Stock Market Closed on MLK Day 2022?

Kyle Woodley, Senior Investing Editor
·3 min read
The statue of Martin Luther King Jr. in Washington, D.C.
The statue of Martin Luther King Jr. in Washington, D.C. Getty Images

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 Holidays

Date

Holiday

NYSE

Nasdaq

Bond Markets*

Monday, Jan. 17

Martin Luther King Jr. Day

Closed

Closed

Closed

Monday, Feb. 21

Presidents' Day/Washington's Birthday

Closed

Closed

Closed

Thursday, April 14

Maundy Thursday

Open

Open

Early close
(2 p.m.)

Friday, April 15

Good Friday

Closed

Closed

Closed

Friday, May 27

Friday Before Memorial Day

Open

Open

Early close
(2 p.m.)

Monday, May 30

Memorial Day

Closed

Closed

Closed

Monday, June 20

Juneteenth National Independence Day (Observed)

Closed

Closed

Closed

Friday, July 1

Friday Before Independence Day

Open

Open

Early close
(2 p.m.)

Monday, July 4

Independence Day

Closed

Closed

Closed

Monday, Sept. 5

Labor Day

Closed

Closed

Closed

Monday, Oct. 10

Columbus Day

Open

Open

Closed

Friday, Nov. 11

Veterans Day

Open

Open

Closed

Thursday, Nov. 24

Thanksgiving Day

Closed

Closed

Closed

Friday, Nov. 25

Day After Thanksgiving

Early close
(1 p.m.)

Early close
(1 p.m.)

Early close
(2 p.m.)

Friday, Dec. 23

Christmas Eve (Observed)

Open

Open

Early close
(2 p.m.)

Monday, Dec. 26

Christmas Day (Observed)

Closed

Closed

Closed

Friday, Dec. 30

New Year's Eve (Observed)

Open

Open

Early 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 Observances

When 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 Hours

The "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.

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