Key Takeaways
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Next Monday, Oct. 14, is Columbus Day, a federal holiday.
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Stock and bond markets typically follow the federal holiday schedule, but the New York Stock Exchange and Nasdaq will operate normal hours Monday.
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However, bond markets will be closed, along with many banks and government operations like the post office.
This year, Oct. 14 is the second Monday of October, the date that Columbus Day is celebrated in the U.S., meaning you may be wondering if stock markets will be open for trading.
Considering the New York Stock Exchange (NYSE) and Nasdaq largely follow the calendar of federal holidays for closures, it may come as a surprise that both will be open and operating normally on Monday.
The two remaining holidays on the exchanges’ respective calendars for 2024 are Thanksgiving and Christmas, with additional shortened hours on the day after Thanksgiving and on Christmas Eve.
However, federal operations like the Federal Reserve and post offices will be closed, as will commercial banks that follow the federal holiday schedule. Bond markets will also be closed.
Read the original article on Investopedia.
