Is the stock market open on Martin Luther King Day? The answer to this question is no. The stock market will be closed Monday, January 20, for MLK Day, as the holiday is also known.
Martin Luther King Jr. Day became a federal holiday in 1983, when it was signed into law by then President Ronald Reagan. The three-day weekend marks the second stock market holiday of 2025, as the equities market was closed on Wednesday, January 1, in observance of New Year's Day.
The Rev. Martin Luther King Jr.'s actual birthday falls on January 15. While Martin Luther King Jr. Day is meant to celebrate the birth of Dr. King, the federal holiday is observed on the third Monday in January, regardless of the date on which that day falls.
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Bond traders will get the day off, too, with the bond market closed on Monday, January 20, for MLK Day.
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 Standard Time Monday through Friday.
Are the banks open on Martin Luther King Day? The answer to that question is no. Monday, January 20, is one of 11 bank holidays in 2025.
Below, we feature a full schedule of all stock market and bond market holidays for 2025. Please note that the list of stock market holidays actually grew by one day in 2022. That's because Congress voted in 2021 to make Juneteenth – the June 19 holiday commemorating the end of slavery – the 12th federal holiday. When President Joe Biden signed the bill, Juneteenth became the first new federal holiday since Martin Luther King Jr. Day.
2025 stock market holidays
| Date | Holiday | NYSE | Nasdaq |
| Wednesday, January 1 | New Year's Day | Closed | Closed |
| Monday, January 20 | Martin Luther King, Jr. Day | Closed | Closed |
| Monday, February 17 | Presidents' Day/Washington's Birthday | Closed | Closed |
| Thursday, April 17 | Maundy Thursday | Open | Open |
| Friday, April 18 | Good Friday | Closed | Closed |
| Friday, May 23 | Friday before Memorial Day | Open | Open |
| Monday, May 26 | Memorial Day | Closed | Closed |
| Thursday, June 19 | Juneteenth National Independence Day | Closed | Closed |
| Thursday, July 3 | Day before Independence Day | Early close (1 pm) | Early close (1 pm) |
| Friday, July 4 | Independence Day | Closed | Closed |
| Monday, September 1 | Labor Day | Closed | Closed |
| Monday, October 13 | Columbus Day/Indigenous Peoples' Day | Open | Open |
| Tuesday, November 11 | Veterans Day | Open | Open |
| Thursday, November 27 | Thanksgiving Day | Closed | Closed |
| Friday, November 28 | Day after Thanksgiving/Black Friday | Early close (1 pm) | Early close (1 pm) |
| Wednesday, December 24 | Christmas Eve | Early close (1 pm) | Early close (1 pm) |
| Thursday, December 25 | Christmas Day | Closed | Closed |
| Wednesday, December 31 | New Year's Eve | Open | Open |
2025 bond market holidays
| Date | Holiday | Bond Markets |
| Wednesday, January 1 | New Year's Day | Closed |
| Monday, January 20 | Martin Luther King, Jr. Day | Closed |
| Monday, February 17 | Presidents' Day/Washington's Birthday | Closed |
| Thursday, April 17 | Maundy Thursday | Early close (2 pm) |
| Friday, April 18 | Good Friday | Closed |
| Friday, May 23 | Friday before Memorial Day | Early close (2 pm) |
| Monday, May 26 | Memorial Day | Closed |
| Thursday, June 19 | Juneteenth National Independence Day | Closed |
| Thursday, July 3 | Day before Independence Day | Early close (2 pm) |
| Friday, July 4 | Independence Day | Closed |
| Monday, September 1 | Labor Day | Closed |
| Monday, October 13 | Columbus Day/Indigenous Peoples' Day | Closed |
| Tuesday, November 11 | Veterans Day | Closed |
| Thursday, November 27 | Thanksgiving Day | Closed |
| Friday, November 28 | Day after Thanksgiving/Black Friday | Early close (2 pm) |
| Wednesday, December 24 | Christmas Eve | Early close (2 pm) |
| Thursday, December 25 | Christmas Day | Closed |
| Wednesday, December 31 | New Year's Eve | Early close (2 pm) |
These are the recommended stock and bond market holiday schedule from the NYSE and the Securities Industry and Financial Markets Association (SIFMA). These schedules are subject to change.
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