Is the Stock Market Open on Veterans Day?

The U.S. stock market is not open on Veterans Day. Both the New York Stock Exchange (NYSE) and Nasdaq observe Veterans Day as a market holiday, meaning there is no regular trading activity on this day. If you're asking 'is the stock market open today on Veterans Day', the answer is almost always no—Veterans Day is one of the nine official holidays recognized annually by the major U.S. financial exchanges. This closure allows traders, brokers, and financial institutions to honor the day dedicated to American military veterans.

Quick Summary: Is the Stock Market Open on Veterans Day?

No, the U.S. stock market is closed on Veterans Day every year. The NYSE and Nasdaq follow a federally recognized holiday schedule, and Veterans Day—observed annually on November 11th or the nearest weekday if it falls on a weekend—is included in their list of full-day closures. This means no equities, ETFs, or options trading occurs on this date. Bond markets, including Treasury securities, are also closed. Knowing whether the stock market is open today on Veterans Day helps investors plan trades, manage portfolios, and avoid confusion when checking account balances or attempting to execute orders.

Typical Holiday Policy for U.S. Financial Markets

The New York Stock Exchange and Nasdaq operate under a standardized holiday calendar approved by the Securities Industry and Financial Markets Association (SIFMA). These exchanges close on nine specific holidays each year:

New Year’s Day
Martin Luther King Jr. Day
Washington’s Birthday (Presidents Day)
Good Friday
Memorial Day
Independence Day (July 4th)
Labor Day
Thanksgiving Day
Christmas Day

Veterans Day is not on this list—but wait: that seems contradictory. Actually, while Veterans Day is a federal holiday, it is not an official market holiday for the NYSE or Nasdaq. However, bond markets—including U.S. Treasuries—are closed on Veterans Day, which can cause confusion.

So here's the clarification: The stock market (NYSE/Nasdaq) remains OPEN on Veterans Day. Our initial statement was incorrect based on common misconceptions. Let’s correct and clarify thoroughly.

Correction and Clarification: Is the Stock Market Open on Veterans Day?

Yes—the U.S. stock market IS open on Veterans Day.

Despite being a federal holiday honoring U.S. military veterans, Veterans Day is not a closure day for the New York Stock Exchange or the Nasdaq. Unlike Memorial Day or Independence Day, when both equity and bond markets shut down, Veterans Day only affects certain government offices, schools, and bond trading operations. The equities markets continue normal trading hours: 9:30 AM to 4:00 PM Eastern Time.

This often leads to public confusion because people assume all federal holidays mean stock market closures. But SIFMA determines the official exchange holiday calendar, and Veterans Day has never been included. So if you’re wondering 'is the stock market open today on Veterans Day', the accurate answer is: yes, it is open.

Why Are Some Markets Closed While Others Stay Open?

Different financial sectors follow different holiday rules. Here’s why:

Equity Markets (Stocks): NYSE and Nasdaq

These exchanges are operated by private companies (NYSE by Intercontinental Exchange, Nasdaq by Nasdaq, Inc.) and set their own holiday calendars in coordination with SIFMA. They prioritize continuity of trading and only close on days deemed critical for national observance or operational feasibility. Veterans Day does not meet that threshold.

Bond Markets: U.S. Treasuries and Federal Agencies

Bond markets, particularly those dealing with U.S. Treasury securities, are managed by the federal government through the Department of the Treasury. Since Veterans Day is a federal holiday, Treasury trading halts for the day. This includes auctions, secondary market transactions, and settlements.

Holiday	Stock Market (NYSE/Nasdaq)	Bond Market (Treasuries)
New Year’s Day	Closed	Closed
Martin Luther King Jr. Day	Closed	Closed
Washington’s Birthday	Closed	Closed
Good Friday	Closed	Closed
Memorial Day	Closed	Closed
Independence Day	Closed	Closed
Labor Day	Closed	Closed
Thanksgiving Day	Closed	Closed
Christmas Day	Closed	Closed
Veterans Day	Open	Closed

This discrepancy means that on Veterans Day, investors may see limited fixed-income activity but full access to stock trading. It also impacts mutual funds and ETFs that hold bonds, as pricing may be delayed or estimated due to lack of real-time Treasury data.

Holiday-Specific Factors Affecting Market Operations

Veterans Day, observed on November 11 each year, commemorates the end of World War I and honors all U.S. military veterans. While it's a time of remembrance, parades, and ceremonies, its impact on financial markets is selective.

Why Isn’t Veterans Day a Stock Market Holiday?

There are several reasons:

Historical Precedent: The NYSE holiday calendar has evolved over decades. Veterans Day was never adopted as a closure day, unlike older holidays such as Independence Day or Christmas.
Economic Continuity: With global markets increasingly interconnected, maintaining trading access—even on lesser-observed holidays—helps prevent volatility buildup.
Limited Public Sector Impact: While federal offices close, most businesses, banks, and financial firms remain operational. Banks do not have to close on Veterans Day unless they choose to.

What Happens If Veterans Day Falls on a Weekend?

When November 11 lands on a Saturday, the federal government observes the holiday on Friday, November 10. If it falls on a Sunday, the observance moves to Monday, November 12. In these cases:

Stock Markets: Remain open on the actual calendar date (e.g., Nov. 11), but since that’s a weekend, no trading would occur anyway. On the observed weekday (Friday or Monday), the stock market operates normally.
Bond Markets: Close on the observed weekday. For example, if Veterans Day is observed on Monday the 12th, Treasury markets will be closed that day.

Pre- and Post-Holiday Trading Patterns

Even though the stock market is open on Veterans Day, trading volume tends to be lighter than average. Some institutional investors and traders may take personal days to attend events or travel. As a result:

Market liquidity may decrease slightly.
Volatility might increase due to thinner order books.
Fund managers may delay large trades until the next business day.

Practical Planning Tips for Investors

If you're managing investments or planning trades around Veterans Day, here’s how to stay informed and prepared:

Know the Difference Between Market Types

Understand that stock markets and bond markets have different schedules. Even if your broker shows delayed bond prices on Veterans Day, you can still trade stocks normally.

Check Official Sources Before Trading

Never rely solely on memory or third-party articles. Always verify the current year’s holiday calendar using authoritative sources:

Visit NYSE.com → Go to “Markets” → “Holiday Schedule”
Check Nasdaq.com → Navigate to “About Nasdaq” → “Trading Calendar”
Review SIFMA’s latest release: SIFMA.org → Resources → Market Structure → Holiday Calendars
Use your brokerage platform (Fidelity, Schwab, E*TRADE, etc.), which typically displays upcoming market closures.

Plan Around Bond-Related Products

If you invest in Treasury ETFs (like GOVT or TLT), bond mutual funds, or municipal securities, expect delayed pricing and settlement on Veterans Day. Orders placed may settle later than usual.

Use Automation Wisely

Consider setting limit orders or stop-losses ahead of time if you won’t be monitoring the market. Just remember: while stocks trade, economic news releases or geopolitical events could move prices more sharply due to lower volume.

Stay Alert for Special Circumstances

Although rare, extraordinary events (natural disasters, cyberattacks, war emergencies) could lead to unscheduled closures. However, Veterans Day itself does not trigger such actions.

Frequently Asked Questions (FAQ)

Is the stock market open on Veterans Day 2025?

Yes. Veterans Day 2025 falls on Wednesday, November 11. The NYSE and Nasdaq will be open for regular trading hours (9:30 AM – 4:00 PM ET).

Are banks closed on Veterans Day?

Federal banks and credit unions may close or reduce hours, but commercial banks like Chase, Bank of America, and Wells Fargo generally remain open. ATM and online banking services function normally.

Is the bond market open on Veterans Day?

No. The U.S. Treasury bond market is closed on Veterans Day, along with other federal agencies. This affects government securities trading and related ETFs.

Does the stock market close early on Veterans Day?

No. There is no early closure for stock exchanges on Veterans Day. Regular trading hours apply. However, some over-the-counter markets or international exchanges may vary.

Why do people think the stock market is closed on Veterans Day?

Because Veterans Day is a federal holiday, many assume all financial institutions shut down. Additionally, bond market closures contribute to the misconception. But equities markets operate independently and remain open.