Is the stock market open on Veterans Day in 2024? The answer to this question yes, the equities market will be open for trading on Monday, November 11. However, bond traders will get an extended weekend, with the bond market closed on Monday.
But unlike some holidays, there are no early hours for bond traders ahead of Veterans Day, as regular trading hours will be observed on Friday, November 8.
As a reminder, Veterans Day, which is known as Armistice Day or Remembrance Day in other countries, is a federal holiday that occurs each year on November 11. It marks the day in 1918 an agreement was signed between Germany and the Allied nations to end World War I. In the U.S., Veterans Day honors those who have served in the military.
It has been a turbulent stretch for investors. All three major indexes finished October with a loss. However, bulls have regained control in November, with the stock market in rally mode on optimism that a possible red sweep in Washington will boost pro-business policies and a less-regulated environment for corporations. As of this writing, the Dow Jones Industrial Average is up more than 4% since the start of the month, while the S&P 500 is 4.6% higher and the Nasdaq Composite is in the lead with its 5.7% gain.
"In the near term, we see U.S. equities supported by solid economic and corporate earnings growth, political clarity and Federal Reserve rate cuts," writes the BlackRock Investment Institute in their bulletin "Trump election win signals big U.S. policy shift." They add that over the long term, "much depends on how much of Trump’s agenda is enacted. We think energy, financial and tech sectors can benefit, partly from deregulation."
As for those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) run from 9:30 am to 4:00 pm Eastern time Monday through Friday.
Are banks open on Veterans Day? The answer to that question is no. Monday, November 11, is one of several bank holidays in 2024, and so banks will be closed.
Below, we feature a full schedule of all stock market holidays and bond market holidays for 2024.
2024 stock market holidays
2024 bond market holidays
* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.
