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Is the Stock Market Closed on MLK Day?

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Neither the stock market nor the bond market will be open for trading on Martin Luther King Jr. Day, which in 2020 falls on Jan. 20. The stock and bond markets will re-open Tuesday, following the three-day holiday weekend that commemorates the birthday of the civil rights leader. This year, the holiday falls on King's exact birthday, but that's by coincidence; the federal holiday is observed on the third Monday in January, regardless of date. MLK Day is also a federal bank holiday.

The following is a schedule of all 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.

SEE ALSO: The 20 Best Stocks to Buy for 2020

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: The 25 Best Low-Fee Mutual Funds to Buy in 2020

EDITOR'S PICKS

Copyright 2020 The Kiplinger Washington Editors