Is the Stock Market Open on Columbus Day 2020?
Columbus Day (increasingly known as Indigenous Peoples' Day) is a federal holiday, but not for much of Wall Street. Here are the stock market and bond market hours for the holiday.
Wall Street will be at work on Columbus Day, even if you aren't.
The stock market will indeed be open on Columbus Day (which is increasingly being known as Indigenous Peoples' Day). While it's technically a federal holiday in 2020, stock trading will take place at its normal hours on Oct. 12.
However, the bond market will be closed on Columbus Day. Bond trading resumes, as usual, on Tuesday, Oct. 13, which is also when the corporate earnings calendar will start hopping with third-quarter reports.
The following is a schedule of all stock market and bond market holidays for 2020.
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.
The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.