Is the Stock Market Closed on Columbus Day 2018?

By the editors of Kiplinger's Personal Finance

The stock market is open on Columbus Day, Oct. 8, 2018. However, the bond market is closed on Monday for the holiday. Many bank branches are also closed on Columbus Day. The bond market resumes regular trading on Tuesday, Oct. 9. Some people in the U.S. celebrate Indigenous Peoples’ Day in lieu of Columbus Day.

Here is a complete schedule of all stock market and bond market holidays for 2018. Please 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. ET on weekdays. The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.

2018 Market Holidays

Date | Holiday | NYSE | Nasdaq | Bond Markets

Jan. 1 New Year’s Day Closed Closed Closed
Jan. 15 Martin Luther King Jr. Day Closed Closed Closed
Feb. 19 Presidents Day/Washington’s Birthday Closed Closed Closed
March 29 Maundy Thursday Open Open Early close
(2 p.m.)
March 30 Good Friday Closed Closed Closed
May 25 Friday Before Memorial Day Open Open Early close
(2 p.m.)
May 28 Memorial Day Closed Closed Closed
July 3 Day Before Independence Day Early close
(1 p.m.)
Early close
(1 p.m.)
Early close
(2 p.m.)
July 4 Independence Day Closed Closed Closed
Sept. 3 Labor Day Closed Closed Closed
Oct. 8 Columbus Day Open Open Closed
Nov. 12 Veterans Day (Observed) Open Open Open
Nov. 22 Thanksgiving Day Closed Closed Closed
Nov. 23 Day After Thanksgiving Early close
(1 p.m.)
Early close
(1 p.m.)
Early Close
(2 p.m.)
Dec. 24 Christmas Eve Early close
(1 p.m.)
Early close
(1 p.m.)
Early Close
(2 p.m.)
Dec. 25 Christmas Day Closed Closed Closed
Dec. 31 New Year’s Eve Open Open Early Close
(2 p.m.)

Holiday observations

When 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.

This article provided by NewsEdge.