Many people have the day off on Columbus Day, but what about Wall Street? Is Wall Street open or closed on Columbus Day? The answer may surprise you.
Is Wall Street Open Or Closed On Columbus Day?
Although Wall Street is technically open on Columbus Day, there is very little activity on the stock market. This is because most major banks and financial institutions are closed. This lack of activity can be attributed to Columbus Day not being a federal holiday.
While the stock market may be open, it is essential to note that trading hours are reduced. The New York Stock Exchange (NYSE) and Nasdaq close early at 1:00 pm EST. This early close means that if you’re looking to make any trades, you’ll need to do so before lunchtime.
Conclusion
So, whether you’re planning to trade stocks or want to know for future reference, remember that Wall Street is open but mostly inactive on Columbus Day. Have a safe and happy holiday!
Amit Gupta is the founder of JapanMonkeyCentre, a website that reviews new trending products. Amit is a trendsetter and loves trying new products; he enjoys sharing his thoughts on them with others. He is known for his helpful and straightforward product reviews, which are much appreciated by consumers who are looking to make complicated decisions.