Is the Stock Market Open on Martin Luther King Day?

Both the stock and bond markets will be closed this Monday in honor of civil rights leader, the Rev. Martin Luther King Jr.

front of new york stock exchange building
(Image credit: Getty Images)

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

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DateHolidayNYSENasdaq
Wednesday, January 1New Year's DayClosedClosed
Monday, January 20Martin Luther King, Jr. DayClosedClosed
Monday, February 17Presidents' Day/Washington's BirthdayClosedClosed
Thursday, April 17Maundy ThursdayOpenOpen
Friday, April 18Good FridayClosedClosed
Friday, May 23Friday before Memorial DayOpenOpen
Monday, May 26Memorial DayClosedClosed
Thursday, June 19Juneteenth National Independence DayClosedClosed
Thursday, July 3Day before Independence DayEarly close (1 pm)Early close (1 pm)
Friday, July 4Independence DayClosedClosed
Monday, September 1Labor DayClosedClosed
Monday, October 13Columbus Day/Indigenous Peoples' DayOpenOpen
Tuesday, November 11Veterans DayOpenOpen
Thursday, November 27Thanksgiving DayClosedClosed
Friday, November 28Day after Thanksgiving/Black FridayEarly close (1 pm)Early close (1 pm)
Wednesday, December 24Christmas EveEarly close (1 pm)Early close (1 pm)
Thursday, December 25Christmas DayClosedClosed
Wednesday, December 31New Year's EveOpenOpen

2025 bond market holidays

Swipe to scroll horizontally
DateHolidayBond Markets
Wednesday, January 1New Year's DayClosed
Monday, January 20Martin Luther King, Jr. DayClosed
Monday, February 17Presidents' Day/Washington's BirthdayClosed
Thursday, April 17Maundy ThursdayEarly close (2 pm)
Friday, April 18Good FridayClosed
Friday, May 23Friday before Memorial DayEarly close (2 pm)
Monday, May 26Memorial DayClosed
Thursday, June 19Juneteenth National Independence DayClosed
Thursday, July 3Day before Independence DayEarly close (2 pm)
Friday, July 4Independence DayClosed
Monday, September 1Labor DayClosed
Monday, October 13Columbus Day/Indigenous Peoples' DayClosed
Tuesday, November 11Veterans DayClosed
Thursday, November 27Thanksgiving DayClosed
Friday, November 28Day after Thanksgiving/Black FridayEarly close (2 pm)
Wednesday, December 24Christmas EveEarly close (2 pm)
Thursday, December 25Christmas DayClosed
Wednesday, December 31New Year's EveEarly 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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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.