The US stock exchange is a cornerstone of global finance, and for investors and traders, it's crucial to stay informed about when the markets are closed. In 2018, the stock exchanges had several holidays that impacted trading schedules. This guide will provide an overview of the major holidays observed by the New York Stock Exchange (NYSE) and the NASDAQ in 2018, along with some important details for investors to consider.
Holiday Schedule Overview
New Year's Day (January 1, 2018) The US stock exchanges, including the NYSE and NASDAQ, closed on New Year's Day. This is a common holiday, allowing markets to reopen after the end of the previous year and kick off the new one with fresh energy and optimism.
Martin Luther King Jr. Day (January 15, 2018) In honor of the civil rights leader Martin Luther King Jr., the stock exchanges were closed for this federal holiday. The markets had the day off to recognize King's contributions to the advancement of civil rights in the United States.
Presidents' Day (February 19, 2018) This holiday commemorates the birthdays of George Washington and Abraham Lincoln. While it's also known as Washington's Birthday, the name has been officially changed to Presidents' Day. The stock exchanges were closed to honor these important figures in American history.
Good Friday (April 20, 2018) Good Friday, the Friday before Easter, is a Christian holiday that commemorates the crucifixion of Jesus Christ. The stock exchanges observe this day as a religious holiday, leading to a market closure.
Memorial Day (May 28, 2018) Memorial Day is a federal holiday dedicated to honoring those who died while in military service. The stock exchanges closed to give investors and traders the opportunity to honor and remember the sacrifices of the fallen.
Independence Day (July 4, 2018) Independence Day is a significant day in the United States, celebrating the signing of the Declaration of Independence. The stock exchanges are closed to allow for the nation's celebration of independence and freedom.
Labor Day (September 3, 2018) Labor Day is celebrated on the first Monday in September. It's a day to honor the American workforce and is also the unofficial end of summer. The stock exchanges closed to allow for the holiday.
Columbus Day (October 8, 2018) Columbus Day is observed on the second Monday in October, commemorating the landing of Christopher Columbus in the New World in 1492. The stock exchanges closed in recognition of this holiday.
Veterans Day (November 12, 2018) Veterans Day is a federal holiday that honors military veterans. The stock exchanges are closed to show respect for those who have served and protected the United States.
Thanksgiving Day (November 22, 2018) Thanksgiving Day is a holiday that celebrates the harvest and other blessings of the past year. The stock exchanges are closed to give investors and traders a chance to spend time with family and reflect on the year's financial performance.
Christmas Day (December 25, 2018) Christmas Day is the most widely celebrated Christian holiday and marks the birth of Jesus Christ. The stock exchanges are closed to allow for the celebration of the holiday.
Impact on Trading Hours
It's important for investors to note that while the exchanges themselves are closed, the market's trading hours can still be affected by holidays. For instance, the first trading day after a holiday may start earlier or later than normal to account for the extended break.
Conclusion
Understanding the holiday schedule of the US stock exchanges is essential for investors and traders to plan their trading activities accordingly. The holidays listed here provide a comprehensive overview of the 2018 market closures, ensuring that investors can make informed decisions about their trading schedules.
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