Is the Stock Market Closed on Labor Day 2020?
The good news: Stock markets and bond markets alike get the day off for Labor Day. But traders don't get an early start to the weekend.
The fall equinox might not come for another couple of weeks, but Labor Day – what many consider to be the end of summer – is upon us. And the stock market is indeed closed for 2020's Labor Day, which falls on Monday, Sept. 7, as is the bond market.
But unlike some market holidays, there are no early hours ahead of Labor Day. The New York Stock Exchange (NYSE), Nasdaq Stock Market and bond market all have regular trading hours on Friday, Sept. 4.
Also note that a thin earnings calendar typically accompanies the Labor Day holiday.
Labor Day, which celebrates the American worker, is a longstanding holiday in the U.S. It originally was celebrated on a statewide basis, in Oregon, which was the first to adopt it in 1887. Seven years later, the U.S. made Labor Day a national holiday. We're hardly alone – dozens of other countries have a similar celebration called International Workers' Day, but that falls on the first day in May.
The following is a schedule of all stock market and bond market holidays for 2019. 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.
2020 Market Holidays
|Wednesday, Jan. 1||New Year's Day||Closed||Closed||Closed|
|Monday, Jan. 20||Martin Luther King Jr. Day||Closed||Closed||Closed|
|Monday, Feb. 17||Presidents' Day/Washington's Birthday||Closed||Closed||Closed|
|Thursday, April 9||Maundy Thursday||Open||Open||Early close|
|Friday, April 10||Good Friday||Closed||Closed||Closed|
|Friday, May 22||Friday Before Memorial Day||Open||Open||Early close|
|Monday, May 25||Memorial Day||Closed||Closed||Closed|
|Thursday, July 2||Day Before Independence Day||Open||Open||Early close|
|Friday, July 3||Independence Day (Observed)||Closed||Closed||Closed|
|Monday, Sept. 7||Labor Day||Closed||Closed||Closed|
|Monday, Oct. 12||Columbus Day||Open||Open||Closed|
|Wednesday, Nov. 11||Veterans Day||Open||Open||Closed|
|Thursday, Nov. 26||Thanksgiving Day||Closed||Closed||Closed|
|Friday, Nov. 27||Day After Thanksgiving||Early close|
|Thursday, Dec. 24||Christmas Eve||Early close|
|Friday, Dec. 25||Christmas Day||Closed||Closed||Closed|
|Thursday, Dec. 31||New Year's Eve||Open||Open||Early close|
|Friday, Jan. 1, 2021||New Year's Day||Closed||Closed||Closed|
Stock Market Holiday Observations
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.