The U.S. stock markets, including the New York Stock Exchange (NYSE) and the Nasdaq Stock Market, remain open and operate under normal trading hours on Veterans Day. Although it is recognized as a U.S. federal holiday, it is not observed as a market holiday by the major equity exchanges.
The schedule for market closures is determined by the exchanges themselves, not by the federal government's holiday calendar. The Securities Industry and Financial Markets Association (SIFMA) provides recommendations for trading holidays, which the stock exchanges generally follow for a specific set of days. In contrast to the equity markets, SIFMA recommends a full closure for the U.S. bond market on Veterans Day, a guideline that is typically observed. This creates a notable difference where stock trading is active, but trading in fixed-income securities is halted.
For traders and investors, this distinction means that while stock transactions proceed as usual, other financial operations may be affected due to the closure of federal banks and the bond market. This can sometimes result in lighter trading volumes or altered market liquidity for equities on this day. Therefore, it is always advisable to consult the official trading calendars published annually by the NYSE and NASDAQ for definitive information on market closures and modified hours.
