Columbus Day: Is The Market Open Or Closed?

Is the market open on Columbus Day? That's a common question as the holiday approaches. Columbus Day, observed annually in October, often prompts questions about whether various institutions, including the stock market, will be open or closed.

Let's dive into what you need to know.

Stock Market and Columbus Day

Typically, most banks and the bond market are closed on Columbus Day. However, the stock market usually remains open. This means you can still trade stocks, even as other financial institutions take a break.

What's Open?

• NYSE (New York Stock Exchange): Open
• NASDAQ: Open
• Options Markets: Open

What's Closed?

• Banks: Closed
• Bond Market: Closed
• Government Offices: Closed

Why the Stock Market Stays Open

The decision to keep the stock market open on Columbus Day aligns with its objective to provide continuous trading opportunities, except for specific major holidays such as Christmas Day, Thanksgiving Day, and New Year's Day.

Plan Your Trading

Knowing that the stock market is open on Columbus Day allows traders and investors to plan their activities accordingly. If you were concerned about missing a trading day, rest assured, you can proceed as usual.

Other Important Dates for Market Closures

It's always a good idea to keep a calendar of market holidays handy. Here are a few other days when the stock market is typically closed:

• New Year's Day
• Martin Luther King, Jr. Day
• Presidents’ Day
• Good Friday
• Memorial Day
• Juneteenth
• Independence Day
• Labor Day
• Thanksgiving Day
• Christmas Day

Be sure to check with your brokerage for any specific changes or updates to market hours.

Conclusion

So, to reiterate, the stock market is open on Columbus Day. Happy trading!