U.S. Stock Markets Close for Martin Luther King Jr. Day Holiday

NEW YORK — U.S. stock 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. Dr. Martin Luther King Jr., who won the Nobel Peace Prize in 1964, was assassinated in 1968. The holiday celebrates his legacy and contributions to the civil rights movement.

The U.S. bond markets will also be closed on Jan. 20, according to the Securities Industry and Financial Markets Association. Bond trading will resume on Jan. 21. After MLK Day, the next market closure will be on Monday, Feb. 17, 2025, for Presidents Day.

Nonessential government offices, including the Department of Motor Vehicles, public libraries, and state and federal courthouses, will be closed. Public schools and school districts will also observe the holiday. The United States Postal Service will suspend regular mail deliveries, though private delivery services like UPS and FedEx will operate with some modified services.

Most banks will be closed, but ATMs and online banking services will remain available. Grocery stores, restaurant chains, and major retailers, including Costco, Target, and Walmart, will operate with standard hours.

The King Institute is working to preserve and expand access to Dr. King’s work and ideas, ensuring his legacy is not reduced to his famous ‘I Have a Dream’ speech or selectively quoted excerpts.