Stock Market Schedule on Columbus Day and Indigenous Peoples’ Day: Is It Open?
The stock market schedule during Columbus Day and Indigenous Peoples’ Day has sparked discussions about its observance. On October 13, 2023, the U.S. stock markets will remain open for regular business hours.
Stock Market Schedule on Columbus Day and Indigenous Peoples’ Day
In a continuation of its regular operations, the stock market will not halt for Columbus Day. This decision reflects a standard policy regarding federal holidays.
Bond Market Closure
While the stock markets will be operational, the U.S. bond market will be closed on this day. This information comes from the Securities Industry and Financial Markets Association.
Understanding Columbus Day
Columbus Day is celebrated on the second Monday in October and has been recognized as a federal holiday since 1892. This day honors the legacy of Christopher Columbus and is often tied to celebrations of Italian-American heritage, including parades and community events.
Indigenous Peoples’ Day Recognition
In light of increasing scrutiny over Columbus’s legacy, the observance of Indigenous Peoples’ Day has taken on more significance. In 2021, President Joe Biden formally recognized this day as a counterpart to Columbus Day. However, Indigenous Peoples’ Day is not a federal holiday and varies by state and local government acknowledgment.
Upcoming Stock Market Closures
The next scheduled closure for the stock market will be for Thanksgiving on November 27, 2023. Following this closure, markets will remain open until the Christmas holiday on December 25, 2023.
- Columbus Day: October 13, 2023 – Stock markets open, bond market closed
- Thanksgiving: November 27, 2023 – Stock markets closed
- Christmas: December 25, 2023 – Stock markets closed
This schedule is important for investors and traders as they plan their financial strategies throughout the holiday season.
