US Stock Market Closed for Labor Day, Reopening Tuesday

The US stock market will be closed on Monday, September 7th for Labor Day. The New York Stock Exchange and Nasdaq are scheduled to reopen at 9:30 a.m. Eastern Time on Tuesday, September 8th.

The Securities Industry and Financial Markets Association has recommended a full market close for trading in US dollar-denominated fixed-income securities in the US, UK, and Japan. Costco will be closed, while Walmart and Target will remain open, with individual store hours varying.

Banks will also be closed for the federal holiday, although customers can still use ATMs and online banking. The US Postal Service is closed today, with regular mail delivery and retail services resuming on Tuesday, September 8th.

The market holiday comes just before two important inflation reports: the Producer Price Index (PPI) for August on Thursday, September 10th at 8:30 a.m. Eastern Time, and the Consumer Price Index (CPI) for August on Friday, September 11th.