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Jan. 18, 2021, 8:08 a.m. EST

Is the stock market open today? Here are the trading hours on Martin Luther King Jr. Day

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Andrea Riquier

Stock and bond markets in the U.S. will be closed Monday, January 18 in observance of Martin Luther King, Jr. Day, offering traders a short break from what’s already been a hectic year.

The Securities Industry and Financial Markets Association, or Sifma, has recommended that bond markets close for the day, impacting trading in the 10-year Treasury note /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y +10.39% . The New York Stock Exchange and the Nasdaq are also closed for the federal holiday.

Meanwhile, in U.S. commodities markets , there will be no regular trading or settlements, including for Nymex crude oil and Comex-traded gold.

The holiday comes as investors remain on edge over rising coronavirus case counts , a slow vaccine roll-out , violence surrounding the presidential transition , lofty stock valuations , surging bond yields , and more. Even so, stocks have carved out gains in the year to date: the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.75% was up1.3%, the S&P 500 /zigman2/quotes/210599714/realtime SPX -2.45% had gained 1.1%, and the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -3.52% was 1.7% higher through the close on Thursday.

Monday’s celebration of the life of Dr. Martin Luther King Jr. is the first since the killing of George Floyd in May , which touched off weeks of protests in communities around the country. There is some additional resonance for the holiday this year: Raphael Warnock, currently the senior pastor of the Ebenezer Baptist Church, where King once ministered, was just elected the first Black Senator from Georgia .

The holiday is traditionally observed on the third Monday of January to mark King’s birthday, January 15, 1929.

Read next: There is no such thing as ‘passive’ investing in an America so deeply scarred by racism, says Rachel Robasciotti

/zigman2/quotes/211347051/realtime
add Add to watchlist BX:TMUBMUSD10Y
BX : Tullett Prebon
1.53
+0.14 +10.39%
Volume: 0.00
Feb. 25, 2021 5:01p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,402.01
-559.85 -1.75%
Volume: 458.96M
Feb. 25, 2021 5:19p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,829.34
-96.09 -2.45%
Volume: 2.92B
Feb. 25, 2021 5:19p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
13,119.43
-478.54 -3.52%
Volume: 5.47M
Feb. 25, 2021 5:16p
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