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Monday, Might 27, 2024, is Memorial Day, which is a federal vacation. For a lot of, the vacation means a break day from work, which may make it appear to be the proper time for some buying and selling. Nevertheless, not every part is open on federal holidays. Usually, banks and the publish workplace shut. Some companies might also select to shut their doorways for the end-of-Might vacation. Should you’re asking, “Is the inventory market closed on Memorial Day 2024?” right here’s what it’s good to know.
Is the Inventory Market Closed on Memorial Day 2024?
Sure, the inventory market is closed on Memorial Day 2024. Each the New York Inventory Change (NYSE) and NASDAQ use the identical vacation schedule, and Memorial Day is a vacation once they shut.
If it’s good to deal with trades earlier than Memorial Day, you’ll want to finish them earlier than the tip of the buying and selling session on Friday, Might 23. In any other case, the inventory markets will reopen on Tuesday, Might 28.
Inventory Market Vacation Closures 2024
As talked about above, the NYSE and NASDAQ use the identical vacation schedule. Whereas it’s near the federal vacation schedule, there are a number of key variations.
Right here’s a have a look at the inventory market vacation closures for 2024:
- New Yr’s Day – Monday, January 1
- Martin Luther King, Jr. Day – Monday, January 15
- Washington’s Birthday – Monday, February 19
- Good Friday – Friday, March 29
- Memorial Day – Monday, Might 27
- Juneteenth – Wednesday, June 19
- Independence Day – Thursday, July 4
- Labor Day – Monday, September 2
- Thanksgiving – Thursday, November 28
- Christmas Day – Wednesday, December 25
The inventory market additionally has some early closures. It closes at 1 p.m. EST on the next days:
- The Day Earlier than July 4th – Wednesday, July 3
- Black Friday – Friday, November 29
- Christmas Eve – Tuesday, December 24
Is the Bond Market (SIMFA) Closed on Memorial Day?
The bond market, also called SIMFA, can be closed on Memorial Day. Though the SIMFA follows an analogous vacation schedule to the NYSE and NASDAQ, there are some key variations. Here’s a have a look at the vacations that the bond market acknowledges:
- New Yr’s Day – Monday, January 1
- Martin Luther King, Jr. Day – Monday, January 15
- Washington’s Birthday – Monday, February 19
- Good Friday – Friday, March 29
- Memorial Day – Monday, Might 27
- Juneteenth – Wednesday, June 19
- Independence Day – Thursday, July 4
- Labor Day – Monday, September 2
- Columbus Day – Monday, October 14
- Veterans Day – Monday, November 11
- Thanksgiving – Thursday, November 28
- Christmas Day – Wednesday, December 25
SIMFA additionally closes at 2 p.m. EST a number of days all year long. Right here they’re:
- The Day Earlier than Good Friday (March 28)
- The Friday Earlier than Memorial Day (Might 24)
- The Day Earlier than the July 4th vacation
- Black Friday
- Christmas Eve
- New Yr’s Eve.
Additionally, it’s important to notice that sudden closures can happen. Usually, these occur if there are technical points, so they’re uncommon. Nevertheless, there are cases the place it’s occurred, so maintain that in thoughts.
Have you ever ever needed to commerce on Memorial Day and had been disillusioned that the inventory market was closed, or do vacation closures not influence you? Share your ideas within the feedback under.
Learn Extra:
- Losing Money In The Stock Market? Here’s Some Real Investment Advice
- 5 Stocks Under $10 That Are Screaming Buys Right Now
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