Does the Stock Market Close for Veterans Day?
What to Know Ahead of the Federal Holiday
Veterans Day is a federal holiday in the United States observed annually on November 11th. All federal government offices are closed on Veterans Day, including the stock market. The New York Stock Exchange (NYSE) and the Nasdaq Stock Market will both be closed on Friday, November 11, 2023. If a holiday falls on a weekend, then the stock market will close the preceding Friday or following Monday. In this instance, Veterans Day is falling on a Saturday, so the stock market will close on Friday, November 10, 2023. Keep reading to learn more about what to know ahead of the federal holiday.
Trading Hours on Veterans Day Weekend
Trading hours are typically shorter than usual on the day before and after a holiday. On Thursday, November 9, 2023, the NYSE and Nasdaq will be open for trading from 9:30 a.m. to 1:00 p.m. ET. On Monday, November 13, 2023, the NYSE and Nasdaq will be open for trading from 9:30 a.m. to 4:00 p.m. ET.
Impact on Investors
The closure of the stock market on Veterans Day can impact investors in a few ways. First, investors will not be able to buy or sell stocks on the holiday. Second, the stock market may be more volatile on the day before and after the holiday. This is because some investors may be eager to sell their stocks before the holiday in order to lock in profits. Other investors may be eager to buy stocks after the holiday in anticipation of a rise in prices. Volatility is, of course, dependent on the performance of individual stocks and market conditions.
Other Market Closures
The stock market is also closed on several other federal holidays throughout the year, including:
- New Year's Day
- Martin Luther King Jr. Day
- Washington's Birthday
- Memorial Day
- Juneteenth National Independence Day
- Independence Day
- Labor Day
- Columbus Day
- Thanksgiving Day
- Christmas Day
