The U.S. stock market is closed today, January 20, 2025, in observance of MLK Day—coinciding with Donald Trump's presidential inauguration.
As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,
According to NBC, the overlap is rare — this just the second time Inauguration Day falls on the same date as MLK Day since it became a federal holiday in 1983. The last time both were observed simultaneously was during President Bill Clinton’s second inauguration in January 1997.
The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy. The day is marked each year by a federal holiday when many businesses close.
Inauguration Day and Martin Luther King Jr. Day collide Monday in a rare occurrence. The big picture: Stock markets, banks, many schools and the U.S. Postal Service are closed for the federal holiday,
The life and legacy of Dr. Martin Luther King Jr. will once again be celebrated and honored Monday in events around the nation.
Martin Luther King Jr. “called for the prioritization of people over profit and for more equitable distribution of wealth and resources.“
Martin Luther King Jr. Day is a federally recognised holiday in the US, ensuring the closure of most government offices and nonessential services.
Monday will be an especially noteworthy day on America’s calendar — and it’s one that will be marked by various closings, including that of financial markets.
Here's what you need to know about whether U.S. stock markets will be open on Martin Luther King Jr., Day this year.
Delivery services, such as FedEx and UPS, will have modified operations on Martin Luther King Jr. Day. FedEx Freight, FedEx Office, FedEx Custom Critical and FedEx Logistics are open, according to the FedEx website. Some UPS stores may be open while only critical services will be in operation.