Columbus Day: Are Markets Open Or Closed?

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Are you wondering if the stock market, bond market, and banks are open on Columbus Day? Hereโ€™s a quick guide to help you plan your day. โ€” Andy Samberg Net Worth: How Rich Is The Comedian?

Columbus Day: A Federal Holiday

Columbus Day is a U.S. federal holiday that falls on the second Monday of October. In 2024, it falls on October 14th. It commemorates the arrival of Christopher Columbus in the Americas in 1492. While many observe the day, its impact on market operations varies.

Stock Market

  • NYSE (New York Stock Exchange): The stock market is open on Columbus Day. Trading proceeds as usual. So, if you're planning to buy or sell stocks, you don't need to worry about the holiday.
  • NASDAQ: Similar to the NYSE, NASDAQ also remains open on Columbus Day. Investors can trade normally.

Bond Market

The bond market, governed by the Securities Industry and Financial Markets Association (SIFMA), typically is open on Columbus Day. However, it's always a good idea to check with your broker for any specific changes or early closures. โ€” Charlie Kirk's Height: How Tall Is He?

Banks

Many banks are closed on Columbus Day, as it is a federal holiday. This means that branch locations will likely be closed, and regular banking services may be limited. However, online banking and ATMs are usually available.

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The United States Postal Service (USPS) does not deliver regular mail on Columbus Day. Post offices are closed, and only Priority Mail Express is delivered in most locations.

Key Takeaways

  • Stock markets (NYSE and NASDAQ) are open.
  • The bond market is typically open, but check with your broker.
  • Most banks are closed; online banking remains accessible.
  • The USPS does not deliver regular mail.

Understanding which institutions are open or closed on Columbus Day can help you manage your financial activities and avoid any inconvenience. Happy trading and banking! โ€” Diane Keaton: Understanding Her Health And Career