Is the Stock Market Open on Labor Day in 2023?

Investors will enjoy a long weekend, with both the stock and bond markets closed on Monday for Labor Day.

Happy Labor Day written in white letters next to construction equipment and american flag
(Image credit: Getty Images)

Is the stock market open on Labor Day? The answer to this question is no. The stock market will be closed Monday, September 4, for the Labor Day holiday. Bond traders will get an extended weekend too, with the bond market also closed on Monday. 

Unlike some market holidays, however, 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, September 1.

The long holiday weekend will likely be welcomed by investors following a turbulent August. For the month, the Dow Jones Industrial Average finished down 2.4%, while the Nasdaq Composite shed 2.2% and the S&P 500 slumped 1.8%. 

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But given the impressive run stocks had in the first half of the year, this pullback should be considered more of a "healthy alignment" vs signs of trouble ahead, says Rod von Lipsey, managing director at UBS Private Wealth Management. "Sentiment had previously been overly optimistic about Federal Reserve policy and earnings," the strategist notes.

Von Lipsey does anticipate muted – but not necessarily lower – price action the remainder of the year, adding that bonds are his "preferred asset class," as they will likely benefit from slower economic growth and higher-for-longer interest rates. Given this backdrop, equity investors should be able to find opportunities in sectors that have lagged this year, such as energy and consumer staples, rather than popular tech stocks, which are too pricey at this point. 

Meanwhile, for those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) run from 9:30 am to 4:00 pm Eastern time Monday through Friday.

Are banks open on Labor Day? The answer to that question is no. Monday, September 4, is one of several bank holidays in 2023, and so banks will also be closed.

Below, we feature a full schedule of all stock market and bond market holidays for 2023.

2023 stock market holidays

Swipe to scroll horizontally
DateHolidayNYSENasdaqBond Markets*
Monday, Jan. 2New Year's Day (Observed)ClosedClosedClosed
Monday, Jan. 16Martin Luther King, Jr. DayClosedClosedClosed
Monday, Feb. 20Presidents' Day/Washington's BirthdayClosedClosedClosed
Thursday, April 6Maundy ThursdayOpenOpenEarly close (2 p.m.)
Friday, April 7Good FridayClosedClosedClosed
Friday, May 26Friday Before Memorial DayOpenOpenEarly close (2 p.m.)
Monday, May 29Memorial DayClosedClosedClosed
Monday, June 19Juneteenth National Independence Day ClosedClosedClosed
Monday, July 3Monday Before Independence DayEarly close (1 p.m.)Early close (1 p.m.)Early close (2 p.m.)
Tuesday, July 4Independence DayClosedClosedClosed
Monday, Sept. 5Labor DayClosedClosedClosed
Monday, Oct. 9Columbus DayOpenOpenClosed
Friday, Nov. 10Veterans DayOpenOpenClosed
Thursday, Nov. 23Thanksgiving DayClosedClosedClosed
Friday, Nov. 24Day After ThanksgivingEarly close (1 p.m.)Early close (1 p.m.)Early close (2 p.m.)
Monday, Dec. 25Christmas DayClosedClosedClosed

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

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.