Is the stock market open on Monday for MLK Day 2023, MLK Day 2023 Stock Market Hours: Is the Market Open? Complete information is given to you in this article.
Is the stock market open on Monday for MLK Day 2023?
In observance of Dr. Martin Luther King Jr.’s birthday, the following will be closed on Monday:
- Stock and bond markets
- Banks
Note: MLK Day is one of 11 bank holidays in the year.
Schedule for stock and bond market closures during MLK Day:
- Stock Market:
- Close at 4 p.m. ET on Friday
- Open at 9:30 a.m. ET on Tuesday
- Bond Market:
- Close at 5 p.m. ET on Friday
- Open at 8 a.m. ET on Tuesday
Also Read: Get Your 2023 Tax Refund Faster with Direct Deposit: Step-by-Step Guide
Stock Market Update:
- Stocks performed well this week
- Inflation data showed a 6-month consecutive decline
- Prices for goods and services increased by 6.5% compared to a year ago.
Stock Market Performance Update:
- Dow Jones Industrial Average: On track to close up over 1% for the week.
- S&P 500: On track to close up over 1% for the week.
- Nasdaq Composite: On track to close up over 2% higher for the week.
Upcoming Market Holiday:
- Holiday: President’s Day
- Date: Monday, February 20
- Closure: Stock and bond markets will be closed.
Also Read: Get Your 2023 Tax Refund Faster with Direct Deposit: Step-by-Step Guide
FAQS On MLK Day 2023?
What is the next holiday when the stock and bond markets will be closed?
The next holiday when the stock and bond markets will be closed is President’s Day on Monday, February 20.
How did the stocks perform this week?
The stocks performed well this week as the Dow Jones Industrial Average and S&P 500 are on track to close up more than 1% each for the week, and the Nasdaq Composite is on track to close more than 2% higher.
Why are the stock and bond markets closed on MLK Day?
The stock and bond markets are closed on MLK Day in observance of Dr. Martin Luther King Jr.’s birthday.
What is the schedule for the stock and bond market closures during MLK Day?
The stock market will close at 4 p.m. ET on Friday and open at 9:30 a.m. ET on Tuesday. The bond market will close at 5 p.m. ET on Friday and open at 8 a.m. ET on Tuesday.
Is there any change in inflation data?
The inflation data showed a 6-month consecutive decline, with prices for goods and services up 6.5% from a year earlier.