The U.S. stock market is closed today, January 20, 2025, in observance of Martin Luther King Jr. Day, coinciding with President-elect Donald Trump's second presidential inauguration.
Both the New York Stock Exchange (NYSE) and Nasdaq Stock Market observe MLK Day as a federal holiday, halting all trading activities. According to official holiday calendars from the NYSE and Nasdaq, normal trading will resume on Tuesday, January 21, 2025.
Why It Matters
The overlap of Martin Luther King Jr. Day and Donald Trump's inauguration presents a unique intersection of historical remembrance and political transition. Financial markets pausing on this day reflect the nation's recognition of Dr. King's legacy while the inauguration marks a significant shift in U.S. leadership.
This dual observance could influence investor sentiment and market outlook as trading resumes.
What To Know
The NYSE and Nasdaq are traditionally closed on major U.S. federal holidays, including Martin Luther King, Jr. Day. This year, the holiday coincides with Donald Trump's inauguration day ceremony and parade, adding to the day's historical significance.
Investors will need to wait until the next trading session to respond to any political developments stemming from the inauguration.
Is the Stock Market Closed Today?
Yes, the U.S. stock market is closed on MLK Day today. Trading will resume on Tuesday, January 21, 2025.
U.S. Stock Market Schedule for 2025
The NYSE and Nasdaq follow a set holiday schedule each year, aligning with major U.S. federal holidays. In 2025, both exchanges will suspend trading on the following days:
- New Year's Day (January 1)
- Martin Luther King Jr. Day (January 20)
- Presidents' Day (February 17)
- Good Friday (April 18)
- Memorial Day (May 26)
- Juneteenth (June 19)
- Independence Day (July 4)
- Labor Day (September 1)
- Thanksgiving Day (November 27)
- Christmas Day (December 25)
In addition to full-day closures, the stock market also observes early closures on specific days. Markets typically close early at 1 p.m. ET on the following dates:
- The day before Independence Day (July 3)
- Black Friday, the day after Thanksgiving (November 28)
- Christmas Eve (December 24)
What People Are Saying
Rev. Dr. William J. Barber II, founding director of the Center for Public Theology and Public Policy at Yale Divinity School, told the Atlanta Journal-Constitution (AJC): "This King Day, we have to be clear that this is not a time for us to stand down. We have time to stand up. We cannot stand down in this moment. We cannot stop organizing in this moment. We cannot stop telling the truth in this moment. We cannot stop challenging a president."
Thierry Wizman, global currency and rates strategist at Macquarie, told MarketWatch: "We can't help but think that some topics that Trump will touch upon on Monday — and what Trump says (or doesn't say about them) could be market-moving. Of course, detailed policy details are unlikely to emit on Monday, as that might risk restricting Trump's room for negotiations with Congress and foreign counterparts later."
What Happens Next
Markets will reopen on Tuesday, January 21, 2025. All eyes will be on how investors respond to Trump's inaugural speech and any policy updates that could sway market trends.
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