U.S. Markets closed

Is the Stock Market Closed on MLK Day?

Kyle Woodley, Senior Investing Editor, Kiplinger.com

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

DateHolidayNYSENasdaqBond Markets
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