Is The Stock Market Closed On Good Friday?

Investors are going to find themselves with a long weekend as the stock market goes on a hiatus for Good Friday on April 7.

Despite its religious significance to Christianity, Good Friday isn't recognized as a federal holiday in the U.S., which means some sectors will continue their operations, including banks.

The highly anticipated March jobs report is slated for release on the same day, sparking interest among investors. The labor market has been a major concern for the Federal Reserve as the institution continues to tame inflation with interest rate hikes.

As it stands, the probability of a rate hike during the upcoming Fed meeting on May 3 is at 47.4%, based on CME Group data.

Bond traders will also take a breather as the bond market follows suit and closes for Good Friday. More than that, the bond market wrapped up early on Maundy Thursday, April 6, at 2 p.m. Eastern.

As for banks, they will continue their operations on Good Friday. The day is not included in the list of 11 bank holidays for 2023, ensuring banks remain open for business.

Here are the remaining market holidays in 2023.