Many government offices are closed on Columbus Day, which is a federal holiday observed on the second Monday of every October.
Falling on October 11 in 2021, most banks are closed on the day, while some private businesses may also be shut. But are stock markets open on Columbus Day?
Stock markets in the U.S., including the New York Stock Exchange (NYSE) and Nasdaq (which are the world’s largest and second-largest stock exchanges, respectively) are open Monday through Friday from 9:30 a.m. to 4 p.m. ET.
During the weekends as well as on most federal holidays, stock markets are closed.
However, stock markets are open on Columbus Day/Indigenous People’s Day.
There are some days that count as “market half-day holidays.”
Nasdaq explains such days may include July 3 or 5, the day after Thanksgiving and/or Christmas Eve, depending on how the calendar falls in any given year. In these cases, Nasdaq will close at 1:00 pm ET, the website says.
NYSE also notes each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on November 26 in 2021, on November 25 next year and November 24 in 2023 (the day after Thanksgiving).
Each market will also close early at 1:00 p.m. (1:15 p.m. for eligible options) on July 3 in 2023, NYSE advises on its website.
When Stock Markets Are Closed
Below are the holidays during which NYSE and Nasdaq are closed. From next year, NYSE will also observe the Juneteenth holiday.
- New Year’s Day
- Martin Luther King, Jr. Day
- Presidents’ Day
- Good Friday
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Christmas Day
On normal working days, pre-market and after hours trading sessions known as “extended markets” also take place.
Nasdaq warns: “Know that Extended Markets carry risks. The volatility tends to be much higher, and there is less liquidity, meaning that fewer people are trading and that prices tend to move much more dramatically.”
Trading Hours For Other Major Stock Exchanges
- London Stock Exchange: 8:00 a.m. to 4:30 p.m. local time, Monday to Friday
- Tokyo Stock Exchange: 9 a.m. to 3 p.m. (lunch from 11: 30 a.m. to 12:30 p.m.) local time, Monday to Friday
- Hong Kong Stock Exchange: 9:30 a.m. to 4 p.m. (lunch from 12 p.m. to 1 p.m.) local time, Monday to Friday
- Shanghai Stock Exchange: 9.30 a.m. to 3 p.m. (lunch from 11:30 a.m. to 1 p.m.) local time, Monday to Friday
- Frankfurt Stock Exchange: 8 a.m. to 8 p.m. local time, Monday to Friday
- Euronext Amsterdam Stock Exchange: 9 a.m. to 5:40 p.m. local time, Monday to Friday