US Stock Markets Closed on Presidents Day in Honor of George Washington's Birthday
The Nasdaq and New York Stock Exchange will be closed on Monday, Feb. 19 in observance of Presidents Day, a holiday that celebrates the birthday of the first U.S. president, George Washington. This closure includes the US bond market as well.
Presidents Day is observed on the third Monday of February each year, and it was established through the Uniform Holiday Bill to ensure that certain holidays, including Presidents Day, always fall on a Monday. This scheduling decision helps avoid disruptions during the workweek and allows for longer weekends.
The closure on Feb. 19 marks the third holiday closure for the US stock market in 2024. Here is the complete holiday schedule for the United States stock market in 2024:
- Washington's birthday: Monday, Feb. 19
- Good Friday: Friday, March 29
- Memorial Day: Monday, May 27
- Juneteenth: Wednesday, June 19
- Independence Day: Thursday, July 4
- Labor Day: Monday, Sept. 2
- Thanksgiving: Thursday, Nov. 28
- Christmas: Wednesday, Dec. 25
Investors and traders should take note of these closures when planning their trading activities for the year.
Analyst comment
Neutral news. The closure of the stock markets on Presidents Day is a regular occurrence in the holiday schedule. It is not expected to have a significant impact on the overall market as trading will resume on Tuesday, Feb. 20 as usual.
