Is the Stock Market Open on Martin Luther King Day (MLK Day)?

On Monday, January 16, the U.S. Stock Market, including the Nasdaq and New York Stock Exchange (NYSE), is closed in observance of Martin Luther King Jr. Day.

This implies that after the market shuts at 4 p.m. Eastern time on Friday, January 13, 2023, it will not reopen until Tuesday, January 17, 2023, at 9:30 a.m. Eastern. This trading holiday provides an opportunity to honor Martin Luther King Jr. and his efforts during the Civil Rights Movement.

Martin Luther King Jr. Day, held annually on the third Monday of January, is a federal holiday honoring the birthday of Martin Luther King Jr., a civil rights leader. The stock market, like many institutions, is frequently closed on government holidays.

Can You Still Trade Stocks on MLK Day?

No, there are no active MLK Day trading hours. But the market will open again on Tuesday, January 17, and regular trading hours will resume.

Is Martin Luther King Day a federal holiday?

MLK Day is a federal holiday in the United States, thus all non-essential federal government agencies, including the federal bank and post offices, will be closed. MLK Day is a Federal Reserve-recognized bank holiday, therefore commercial banks and other financial institutions will likely be closed or have altered hours. Additionally, the U.S. Bond Market will be closed on January 16, 2023.

What is Martin Luther King Day?

Martin Luther King, Jr.’s birthday is celebrated as a federal holiday in the United States on the third Monday of January each year. The real date of King’s birthday is January 15, 1929, but it is always observed on a Monday, similar to other holidays established by the Uniform Monday Holiday Act.

King was crucial to the advancement of civil rights for African-Americans in the United States during the 1950s and 1960s Civil Rights Movement. This was a social justice movement in the United States, in which activists and citizens challenged injustice and segregation based on race in federal and state legislation, therefore assisting Black Americans in gaining legal equality across the country.

Martin Luther King, Jr.’s birthday is celebrated as a federal holiday in the United States on the third Monday of January each year. The real date of King’s birthday is January 15, 1929, but it is always observed on a Monday, similar to other holidays established by the Uniform Monday Holiday Act.

King was crucial to the advancement of civil rights for African-Americans in the United States during the 1950s and 1960s Civil Rights Movement. This was a social justice movement in the United States, in which activists and citizens challenged injustice and segregation based on race in federal and state legislation, therefore assisting Black Americans in gaining legal equality across the country.

Read More: A Beginner’s Best Guide to Bonds Investment