The stock market is a dynamic place, and it's crucial for investors to stay informed about market holidays. In the United States, 2020 brought unique challenges, and the stock market was no exception. This guide will provide you with a comprehensive overview of the stock market holidays in the US in 2020.
January 1, 2020: New Year's Day The first holiday of the year is New Year's Day, which is observed on January 1, 2020. The stock market is closed on this day to celebrate the beginning of a new year.
January 20, 2020: Martin Luther King Jr. Day Martin Luther King Jr. Day is a federal holiday that honors the civil rights leader. The stock market is closed on this day, which falls on January 20, 2020.
February 17, 2020: Washington's Birthday Washington's Birthday, also known as Presidents' Day, is celebrated on the third Monday in February. In 2020, it was observed on February 17, and the stock market was closed.
April 10, 2020: Good Friday Good Friday is a Christian holiday that commemorates the crucifixion of Jesus Christ. The stock market is closed on Good Friday, which fell on April 10, 2020.
May 25, 2020: Memorial Day Memorial Day is a federal holiday that honors those who died while serving in the military. It is observed on the last Monday in May. In 2020, the holiday was on May 25, and the stock market was closed.
July 4, 2020: Independence Day Independence Day is a federal holiday that celebrates the signing of the Declaration of Independence in 1776. It is observed on July 4, and the stock market is closed on this day.
September 7, 2020: Labor Day Labor Day is a federal holiday that honors the contributions of workers. It is observed on the first Monday in September. In 2020, the holiday was on September 7, and the stock market was closed.
October 12, 2020: Columbus Day Columbus Day is a federal holiday that celebrates the arrival of Christopher Columbus in the Americas. It is observed on the second Monday in October. In 2020, the holiday was on October 12, and the stock market was closed.
November 11, 2020: Veterans Day Veterans Day is a federal holiday that honors military veterans. It is observed on November 11, and the stock market is closed on this day.
November 26, 2020: Thanksgiving Day Thanksgiving Day is a federal holiday that celebrates the harvest and other blessings of the past year. It is observed on the fourth Thursday in November. In 2020, the holiday was on November 26, and the stock market was closed.
December 25, 2020: Christmas Day Christmas Day is a federal holiday that celebrates the birth of Jesus Christ. It is observed on December 25, and the stock market is closed on this day.
2020 Stock Market Performance While the stock market was closed on these holidays, it experienced significant volatility throughout the year. The COVID-19 pandemic and its economic impact played a major role in the market's performance. Despite the challenges, the S&P 500 index ended the year with a positive return.
In conclusion, understanding the stock market holidays is essential for investors to plan their trading and investment strategies. The 2020 US stock market holidays were unique due to the global pandemic, and investors had to navigate a volatile market. By staying informed, investors can make informed decisions and achieve their financial goals.