(Photo credit should read BRYAN R. SMITH/AFP/Getty Images)
Bryan R. Smith/AFP/Getty ImagesAfter a wild week of trading that saw major indexes plunge, investors will get a much-needed break this Labor Day weekend.
While the week started off quietly enough, the three major indexes suffered their worst day since mid-June on Thursday, with the S&P 500 dipping 3.5%, the Dow Jones Industrial Average falling 2.8%, and the Nasdaq Composite dropping 5%. Friday was a bumpy ride as well, with indexes dropping in the morning before largely recovering by the end of the day. At Friday’s close, the S&P 500, Dow, and Nasdaq were down 0.8%, 0.6%, and 1.3%, respectively.
Labor Day became a federal holiday in 1894 when President Grover Cleveland made the first Monday of every September a celebration of workers and their achievements. Even with Covid-19 canceling certain festivities this year like Labor Day parades, investors will still be able to enjoy other socially distanced Labor Day activities, including taking advantage of the many Labor Day sales at retailers like Lowe’s (ticker: LOW) and Home Depot (HD), this weekend—and into Monday as well. Major U.S. stock exchanges are closed in observation of Labor Day 2020 on Sept. 7.
Below, find which exchanges are open and their hours—and which are closed—on Labor Day.
Is the stock market open on Labor Day 2020?
The New York Stock Exchange and Nasdaq are both closed on Monday in recognition of Labor Day. Some CME Globex futures and options trading will also be closed on Monday, while the Securities Industry and Financial Markets Association recommends that markets for government bonds and other fixed-income securities close for the holiday.
Are International Stock Markets Closed on Memorial Day?Most international markets are open, including the London Stock Exchange, the Mexican Stock Exchange, the Shanghai Stock Exchange, the Singapore Exchange, the Japan Exchange Group, and the Stock Exchange of Hong Kong. The Toronto Stock Exchange, however, is closed.
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Is the Stock Market Open Today? Here Are the Hours for Labor Day 2020. - Barron's
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