US Markets Close for Martin Luther King Jr. Day 2025

NEW YORK — U.S. stock and bond markets will be closed on Monday, Jan. 20, 2025, in observance of Martin Luther King Jr. Day, a federal holiday honoring the civil rights leader. The New York Stock Exchange and Nasdaq will resume regular trading hours on Tuesday, Jan. 21.

President Ronald Reagan signed the King Holiday Bill into law on Nov. 2, 1983, designating the third Monday in January as a federal holiday. The first national celebration took place in 1986, following years of advocacy. New Hampshire became the last state to adopt the holiday in 1999.

Major U.S. retailers, including Target, Walmart, and Kroger, will remain open on MLK Day. Wholesale retailers Costco and Sam’s Club will also operate as usual. However, most nonessential government services, such as the DMV and libraries, will be closed.

FedEx will offer modified delivery services, while UPS domestic ground, air, and international shipping will be closed. The U.S. Postal Service will not deliver mail on Monday. Wells Fargo, Citibank, and TD Bank branches will also be closed, though ATMs and online banking services will remain operational.

MLK Day is one of seven free entrance days to national parks in 2025. The holiday coincides with President-elect Donald Trump’s inauguration, though most business closures are attributed to the observance of King’s legacy.

After MLK Day, the next market closure will be on Monday, Feb. 17, 2025, in honor of Presidents Day.