Is the US Stock Market Open on Presidents Day 2017?

If you’re planning to trade on Presidents Day 2017, it’s crucial to know whether the US stock market will be open or closed. Presidents Day is celebrated on the third Monday in February, which in 2017 falls on February 20th. This day honors the birthdays of George Washington and Abraham Lincoln, but it also raises the question: is the stock market open on Presidents Day?

Understanding Presidents Day Presidents Day, also known as Washington’s Birthday, is a federal holiday. It’s a day to celebrate the contributions of our nation’s presidents, particularly George Washington and Abraham Lincoln. However, not all holidays affect the stock market in the same way.

The US Stock Market on Holidays The US stock market is typically closed on major holidays, including New Year’s Day, Independence Day, Thanksgiving, and Christmas. However, some holidays, such as Martin Luther King Jr. Day, Presidents Day, and Columbus Day, may not impact the stock market in the same way.

Presidents Day 2017 and the Stock Market In 2017, the stock market was closed on Presidents Day. This is because the holiday falls on a Monday, which is typically a trading day. However, the stock market was closed due to the following reasons:

• Presidents Day is a federal holiday, which means most government offices, including the Securities and Exchange Commission (SEC), are closed.
• The stock market operates based on the schedules set by the SEC and other regulatory bodies. These schedules often align with federal holidays.

Impact on Traders and Investors The closure of the stock market on Presidents Day 2017 can have implications for traders and investors. If you had planned to trade or invest on this day, you would have needed to adjust your strategy accordingly.

• Traders may need to review their trading plans and ensure they have enough cash on hand to cover any open positions.
• Investors might consider shifting their investments to other assets or markets that are open on federal holidays.

Other Federal Holidays and the Stock Market It’s important to note that not all federal holidays affect the stock market in the same way. For example:

• Martin Luther King Jr. Day in 2017 fell on January 16th, and the stock market was open.
• Columbus Day in 2017 fell on October 9th, and the stock market was also open.

This highlights the importance of understanding the specific schedules and regulations of the stock market when planning to trade or invest during federal holidays.

In conclusion, the US stock market was closed on Presidents Day 2017 due to the holiday being a federal holiday and the associated regulatory schedules. It’s crucial for traders and investors to stay informed about market closures and adjust their strategies accordingly.