:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2177437329-b08a835b82ae4a6684472e7b646e71fa.jpg "A group of stock traders stand on the floor of the New York Stock Exchange.")
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The New York Stock Exchange and Nasdaq will be operating normal hours on Monday, Oct. 14, for Columbus Day and Indigenous Peoples’ Day.
Key Takeaways
- Next Monday, Oct. 14, is Columbus Day, a federal event.
- Stock and bond markets typically follow the federal holiday schedule, but the New York Stock Exchange and Nasdaq purpose operate normal hours Monday.
- However, bond markets will be closed, along with many banks and regulation operations like the post office.
This year, Oct. 14 is the second Monday of October, the date that Columbus Day is acclaimed in the U.S., meaning you may be wondering if stock markets will be open for trading.
Considering the New York Stock Exchange (NYSE) and Nasdaq large follow the calendar of federal holidays for closures, it may come as a surprise that both will be open and operating normally on Monday.
The two unconsumed holidays on the exchanges’ respective calendars for 2024 are Thanksgiving and Christmas, with additional shortened hours on the day after Thanksgiving and on Christmas Eve.
No matter how, federal operations like the Federal Reserve and post offices will be closed, as will commercial banks that augment the federal holiday schedule. Bond markets will also be closed.
Read the original article on Investopedia.