Is The Stock Market Open On Labor Day?

Labor Day is Sept. 4, and as such you might be wondering whether the markets will be open. The short answer is no: the Nasdaq, New York Stock Exchange (NYSE) and bond markets are closed on Labor Day.

Why Are The Markets Closed On Labor Day? It’s worth getting into the history of Labor Day to understand why the markets — and many other institutions — take a break.

Labor Day — observed on the first Monday of September — serves as a tribute to the social and economic contributions of American workers, with the first Labor Day celebration taking place on Sept. 5, 1882, organized by the Central Labor Union in New York City.

In 1894, Labor Day became a federal holiday, following the nationwide turmoil caused by the Pullman Strike. President Grover Cleveland signed the holiday into law just days after the strike ended on June 28, 1894.

Some historians say Cleveland signed the bill because he needed support from Blue Collar workers.

Here is a table outlining the remaining days in 2023 when the Nasdaq, NYSE and bond markets will be closed:

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