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Trading Hours and Market Closures: Nasdaq and NYSE Insights

Are Banks Open on Veterans Day in 2024?

As Veterans Day approaches, many are curious about the operational status of banks on Saturday, November 11th this year. So, are banks open on Veterans Day in 2024? The simple answer is no; banks typically remain closed on this federal holiday, which honors the service and sacrifice of military veterans.

Veterans Day, recognized as Armistice Day or Remembrance Day in some countries, holds significance as it commemorates the signing of the armistice agreement that ended World War I on November 11, 1918. It stands as one of the 11 designated bank holidays this year.

While banks are closed, individuals often utilize this time to spend with loved ones, participate in community events such as parades, or patronize veteran-owned businesses. Additionally, some may take the opportunity to discuss financial matters with veterans they know personally. Notably, the U.S. Department of Veterans Affairs (VA) offers various lesser-known benefits to veterans, including a clothing allowance, which could be worth exploring.

Moreover, there are specific financial aid programs tailored to the circumstances of service members. Among them is assistance for those on active duty whose regular income may face disruption. These programs aim to provide support during challenging financial situations.

For those inquiring about the stock market’s status on Veterans Day, it remains closed. However, it’s important to note that this closure isn’t due to the holiday itself being a stock market holiday. Instead, it coincides with a Saturday in 2024, a day when the stock market typically does not operate.

For those interested in regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) maintain trading hours from 9:30 am to 4:00 pm Eastern Time, Monday through Friday.

Below, find a comprehensive schedule of all U.S. bank holidays for the year 2024:

New Year’s DayJanuary 1January 1January 1January 1
Birthday of Martin Luther King Jr.January 15January 20***January 19January 18
Washington’s Birthday (Presidents Day)February 19February 17February 16February 15
Memorial DayMay 27May 26May 25May 31
Juneteenth National Independence DayJune 19June 19June 19June 19*
Independence DayJuly 4July 4July 4*July 4**
Labor DaySeptember 2September 1September 7September 6
Columbus DayOctober 14October 13October 12October 11
Veterans DayNovember 11November 11November 11November 11
Thanksgiving DayNovember 28November 27November 26November 25
Christmas DayDecember 25December 25December 25December 25*
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