Is the Stock Market Closed on MLK Day 2022?

view original post

The first three-day weekend of the year is upon us. Neither the stock market nor the bond market will be open for trading on Martin Luther King Jr. Day, which falls on Monday, Jan. 17, in 2022.

Both the stock and bond markets will reopen Tuesday, following the three-day holiday weekend that commemorates the birthday of the civil rights leader.

While MLK Day is meant to celebrate King’s birthday, the federal holiday is observed on the third Monday in January, regardless of date. So while King’s birthday was Jan. 15, the holiday often isn’t observed on that date. That’s the case in 2022.

The following is a schedule of stock market holidays and bond market holidays for 2022. Please note that regular trading hours for the New York Stock Exchange (NYSE) and Nasdaq Stock Market are 9:30 a.m. to 4 p.m. Eastern on weekdays. The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.

2022 Market Holidays

Date Holiday NYSE Nasdaq Bond Markets*
Monday, Jan. 17 Martin Luther King Jr. Day Closed Closed Closed
Monday, Feb. 21 Presidents’ Day/Washington’s Birthday Closed Closed Closed
Thursday, April 14 Maundy Thursday Open Open Early close
(2 p.m.)
Friday, April 15 Good Friday Closed Closed Closed
Friday, May 27 Friday Before Memorial Day Open Open Early close
(2 p.m.)
Monday, May 30 Memorial Day Closed Closed Closed
Monday, June 20 Juneteenth National Independence Day (Observed) Closed Closed Closed
Friday, July 1 Friday Before Independence Day Open Open Early close
(2 p.m.)
Monday, July 4 Independence Day Closed Closed Closed
Monday, Sept. 5 Labor Day Closed Closed Closed
Monday, Oct. 10 Columbus Day Open Open Closed
Friday, Nov. 11 Veterans Day Open Open Closed
Thursday, Nov. 24 Thanksgiving Day Closed Closed Closed
Friday, Nov. 25 Day After Thanksgiving Early close
(1 p.m.)
Early close
(1 p.m.)
Early close
(2 p.m.)
Friday, Dec. 23 Christmas Eve (Observed) Open Open Early close
(2 p.m.)
Monday, Dec. 26 Christmas Day (Observed) Closed Closed Closed
Friday, Dec. 30 New Year’s Eve (Observed) Open Open Early close
(2 p.m.)

* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.

Stock Market Holiday Observances

When it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:

  • If the holiday falls on a Saturday, the market will close on the preceding Friday.
  • If the holiday falls on a Sunday, the market will close on the subsequent Monday.

Stock and Bond Market Hours

The “core trading” stock market hours for the NYSE and Nasdaq are 9:30 a.m. to 4 p.m. on weekdays. However, both exchanges offer premarket trading hours between 4 and 9:30 a.m., as well as late trading hours between 4 and 8 p.m.

Bond markets typically trade between 8 a.m. and 5 p.m.

The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.

Related Posts