Anyone looking to trade US shares today will have to wait. The New York Stock Exchange and Nasdaq are closed on Monday, 7 September, for Labor Day. Both are scheduled to reopen for normal trading at 9.30 a.m. Eastern Time on Tuesday, 8 September.
The US fixed-income market is also observing the holiday. The Securities Industry and Financial Markets Association (SIFMA) has recommended a full market close on Monday for trading in US dollar-denominated fixed-income securities in the US, UK and Japan. Its holiday schedules are industry recommendations rather than laws requiring every firm to close.
Retailers are taking different approaches. Costco is closed on Labor Day, while Walmart and Target are open, although individual store hours can vary.
Banks are also closed for the federal holiday, although customers can generally still use ATMs and online banking. The US Postal Service is closed today, with regular mail delivery and retail services due to resume on Tuesday, 8 September.
When Will US Markets Reopen?
Regular stock trading resumes at 9.30 a.m. Eastern Time on Tuesday, 8 September. Nasdaq's standard trading hours run from 9.30 a.m. to 4 p.m. Eastern Time on weekdays when the market is open. This means investors will have a full trading session on Tuesday rather than a shortened holiday schedule.
Investors should also remember that US share trades generally settle on a T+1 basis, meaning one business day after the trade date. Because Monday is a market holiday, trades made on Friday, 4 September, generally settle on Tuesday, 8 September. The Securities and Exchange Commission's T+1 standard took effect on 28 May 2024. The distinction matters for investors who need access to settled cash rather than simply seeing a trade completed in their account.
Why This Week Matters
The market holiday comes just before two important US inflation reports. The Bureau of Labor Statistics is scheduled to release the Producer Price Index (PPI) for August on Thursday, 10 September, at 8.30 a.m. Eastern Time. The Consumer Price Index (CPI) for August is due at the same time on Friday, 11 September.
The figures could influence expectations for the Federal Reserve's next interest-rate decision. The Federal Open Market Committee is scheduled to meet on 15 and 16 September. Investors will be watching whether price pressures appear to be easing or staying elevated, as that could affect expectations for interest rates and borrowing costs.
The outlook has already shifted following a stronger-than-expected August jobs report. US employers added 162,000 jobs, while the unemployment rate remained at 4.1%. Reuters reported that the figures increased expectations of a possible Fed rate increase this month.
UBS now expects two US interest-rate increases in 2026, with one in September and another in December. That is a forecast, not a decision by the Federal Reserve, and incoming inflation data could change expectations. Other investors and analysts may reach different conclusions depending on how the economic data develops.
A Busy Return for Investors
The European Central Bank is also due to announce its latest monetary policy decision on Thursday, 10 September. The European Central Bank's calendar lists the decision for that day, followed by a press conference.
For US investors, however, the immediate focus will be on inflation. PPI will offer an early look at producer-price pressures before the more closely watched CPI report arrives the following morning. The reports can also affect expectations for government bond yields, currency markets, and other assets beyond US shares.
That makes Tuesday's reopening the start of a potentially busy stretch for financial markets after the Labor Day break. Investors will have several economic and central-bank developments to assess before the Federal Reserve's September meeting.
