U.S. Stock Markets Open on Columbus Day, Indigenous Peoples' Day

On Monday, October 12, U.S. stock markets will operate as usual, remaining open for business in observance of Columbus Day and Indigenous Peoples' Day. However, the U.S. bond market will be closed, according to the Securities Industry and Financial Markets Association.

Columbus Day, which is celebrated on the second Monday in October, has been a federal holiday since 1892 and includes parades that celebrate Italian-American heritage, as noted by Smithsonian Magazine. In response to criticism regarding Christopher Columbus' treatment of Native Americans, former President Joe Biden issued the first presidential proclamation for Indigenous Peoples' Day in 2021, coinciding with Columbus Day. While Indigenous Peoples' Day is not a federal holiday, it is recognized in various cities and states.

Following the closure for Labor Day on September 7, Wall Street will operate normally until late November. The next scheduled closure for the stock market is on Thursday, November 26, for Thanksgiving.