Stock Market Closed on Labor Day: What to Expect
Labor Day, falling on Monday, September 7th this year, honors American workers' social and economic achievements. The holiday was established in 1894 when President Grover Cleveland signed it into law.
As a federal holiday, Labor Day affects business operations across the U.S. Financial markets, banks, and postal services will be closed on September 7th. However, most retail stores and restaurants remain open.
The New York Stock Exchange (NYSE) and Nasdaq will be closed on September 7th but resume normal trading hours of 9:30 a.m. to 4:00 p.m. ET on Tuesday, September 8th. Bond markets will also be closed.
Cryptocurrency markets operate 24/7 and are unaffected by the holiday. Retail stores like Walmart Inc., Target Corp., and Home Depot Inc. will generally remain open, although hours vary by location.