Columbus Day: Is Stock Market Open Today?

As Columbus Day approaches, investors and market participants are preparing for a unique trading environment. This U.S. holiday, observed on Monday, October 14, 2024, will see a mix of open and closed financial markets, impacting trading activities.

Columbus Day, a federal holiday commemorating the 1492 landing of Christopher Columbus in North America, will see the New York Stock Exchange and the Nasdaq Stock Market operating as usually. Over-the-counter (OTC) markets will also remain open, while bond markets will be closed. The U.S. Postal Service and the Federal Reserve will not operate, and many banks will follow suit.

In some states, the day is also recognized as Indigenous People’s Day, celebrating the resilience of Indigenous communities.

See Also: Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns ‘$59,000 Must Hold, No Major Moves Expecte

Internationally, trading will continue as usual in most markets, except for the Toronto Stock Exchange, which will close in observance of Canada’s Thanksgiving Day.

Investors should brace for a busy week with earnings reports from major companies such as UnitedHealth Group UNH, Johnson & Johnson JNJ, Bank of America Corp. BAC, Abbott Laboratories ABT, and Taiwan Semiconductor Manufacturing Company Ltd TSM. Additionally, key economic data releases, including jobless claims, retail sales, and housing starts, will provide insights into the current state of the economy.

Price Action: On Monday during pre-market hours, at the time of writing, SPDR S&P 500 ETF Trust SPY was trading slight higher, around 0.22% while Invesco QQQ Trust, Series 1 QQQ was up by 0.32%, as per Benzinga Pro.

Read Next:

• Justin Bieber’s 2024 Crypto Returns – Discover How Much The Pop Icon Made On His Ethereum Investment!

Image via Shutterstock

This story was generated using Benzinga Neuro and edited by Pooja Rajkumari