Both the New York Stock Exchange (NYSE) and Nasdaq will suspend operations for the holiday. (AI image)
MLK Day 2025
stock markets: The
US stock markets
will be closed on Monday, January 20, 2025, to observe
Martin Luther King Jr. Day
, a recognised federal holiday.
President Ronald Reagan officially established this commemoration through legislation signed on November 2, 1983, setting the third Monday of January for this observance.
According to an ET report, both the New York Stock Exchange (NYSE) and Nasdaq will suspend operations for the holiday, with normal trading activities resuming on Tuesday, January 21, 2025.
The Securities Industry and Financial Markets Association (SIFMA) has confirmed that U.S. bond markets will also cease operations, recommencing the subsequent day.
MLK Day stands as one of the ten annual federal holidays celebrated in the United States.
This observance serves as a national recognition of Dr King’s civil rights achievements and demonstrates the country’s dedication to promoting social harmony and equal rights.
The closure affects all Wall Street trading activities, requiring investors and traders to temporarily suspend their operations.
This complete cessation encompasses all stock and bond trading activities, ensuring consistent observance throughout the financial industry.
Regular market operations will continue from January 21, allowing for seamless resumption of financial activities.
After MLK Day, financial markets will continue regular operations until Monday, February 17, 2025, when another closure occurs for Presidents Day, the next federal holiday in the calendar.
