The New York Stock Exchange and Nasdaq will be open Monday as usual, despite Veterans Day being a federal holiday. However, the bond markets will be closed on Veterans Day.
US stock futures continued their upward momentum on Monday, extending the post-election rally that has driven major indexes to record highs. Last week, the Dow surged 4.61%, the S&P 500 gained 4.66%, and the Nasdaq Composite soared 5.74%. The Russell 2000, which tracks small-cap stocks, jumped over 8%.
All sectors saw gains last week, with industrials, consumer discretionary, and technology stocks leading the charge. Among mega-cap stocks, notable performances included Tesla (+29%), Nvidia (+9%), and Amazon (+5.2%).
Donald Trump’s victory in the US presidential election and the Federal Reserve’s interest rate cut, which improved market mood, were the main drivers of these rallies. Investors are now focusing on future inflation data and other corporate earnings reports that are expected to be released later this week as the bullish run continues in the US stock market.
World War I ended with the Treaty of Versailles in 1919, but an armistice between Allied nations and Germany seven months earlier, on November 11, is now remembered as Veterans Day. The agreement to stop fighting, between the Allied nations and Germany was signed on the eleventh hour of the eleventh day of the eleventh month.
Veterans Day is a federal holiday in America that honors all military veterans but the stock market trading happens with regular timings on Monday today.
There are two holidays in 2024 – On Thursday, November 28, 2024, the US stock market will be closed on account of Thanksgiving Day and on Wednesday, December 25 on account of Christmas Day.
The market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Friday, November 29, 2024, Friday, November 28, 2025, and Friday, November 27, 2026 (the day after Thanksgiving). NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National late trading sessions will close at 5:00 p.m. Eastern Time.
List of US Stock Market Holidays in 2025
New Year’s Day: Wednesday, January 1
Martin Luther King, Jr. Day: Monday, January 20
Washington’s Birthday: Monday, February 17
Good Friday: Friday, April 18
Memorial Day: Monday, May 26
Juneteenth National Independence Day: Thursday, June 19
Independence Day: Friday, July 4
Labor Day: Monday, September 1
Thanksgiving Day: Thursday, November 27
Christmas Day: Thursday, December 25