Is the stock market open today for Veterans Day? Will banks be closed?

Is the stock market open today for Veterans Day? Will banks be closed?

Is the stock market open today for Veterans Day? Will banks be closed?

Veterans Day is Nov. 11.
Veterans Day is Nov. 11. – Getty Images

It’s time to remember our veterans.

Veterans Day is Tuesday, Nov. 11. The U.S. holiday was originally called Armistice Day, because it commemorated the date and time — Nov. 11, 1918, at 11 a.m. — of the signing of the cease-fire that ended World War I. In 1919, on the first anniversary of the armistice, President Woodrow Wilson said that the day would “be filled with solemn pride in the heroism of those who died in the country’s service.” According to the U.S. Department of Veterans Affairs, it was to be “a day observed with parades and public meetings and a brief suspension of business beginning at 11 a.m.”

Now Veterans Day is a federal holiday that honors all military veterans. It is also a day marked by many closures. Here are some details about what to expect.

The two major U.S. stock markets — the New York Stock Exchange DJIA SPX and the Nasdaq COMP — will be open, but bond markets are closed.

For several years, the NYSE did close on Veterans Day, but that changed in 1954, when it opted instead to stay open but observe a two-minute pause in trading. In recent years, both the NYSE and the Nasdaq have marked the day with a moment of silence before the opening bell.

The Securities Industry and Financial Markets Association, the trade group that represents the bond community, has said it issues closing recommendations based on the Federal Reserve Bank of New York’s holiday calendar — which includes Veterans Day.

The U.S. Postal Service will not deliver mail on Veterans Day. UPS UPS and FedEx FDX will offer many of their regular services, but customers should expect some modifications.

Most bank branches are closed, but customers can still make many transactions online or at an ATM.

Since Veterans Day is a federal holiday, all nonessential federal government offices are closed. That’s separate from any issues related to the ongoing government shutdown. It is also a state holiday in nearly every state, according to the Office Holidays website.

National parks — many of which have direct connections to U.S. military history — will stay open and will even be free for visitors on Veterans Day. But some park services may be affected by the government shutdown

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