Why Is The US Stock Market Closed Today?
Trading activities in the US stock market including the New York Stock Exchange and the Nasdaq Stock Market will remain suspended on Feb. 17.
February 17 will be observed as Presidents' Day in the United States of America, resulting in the closure of many government institutions and services in the country.
Presidents' Day is celebrated annually on the third Monday of February, to honour the contributions of former US presidents George Washington and Abraham Lincoln, according to the US government records.
In 1968 Congress passed the Uniform Holidays Act that fixed Monday as the official day to observe legal federal holidays, including Washington’s Birthday (which until then was celebrated on February 22).
Why Does The US Celebrate Presidents' Day?
Presidents' Day is celebrated to honour the contributions and leadership of U.S. presidents, particularly George Washington, the first president, and Abraham Lincoln, who served as the 16th president of the country.
"Washington’s Birthday is a US federal holiday celebrated on the third Monday of February in honour of George Washington, the first president of the United States. Increasingly, the holiday has become an occasion to celebrate the birthdays of both President George Washington and President Abraham Lincoln. Many Americans call the holiday Presidents’ Day," the US Department of State's Bureau of International Information Programs explained.
As a result of the federal holiday, banks, post offices, government offices and the stock market will remain closed in the US on Feb 17.
What's Open And Closed On Presidents Day?
Are schools closed on President’s Day?
Typically, public schools and higher education institutions in the US observe a holiday on Presidents' Day. Grocery stores, retail stores and restaurants will remain open on Feb 17.
Is the US Postal Service open on Feb. 17?
US Postal Service post offices will remain closed on Presidents' Day 2025. This means that mail will not be delivered on this day. The USPS will resume normal operations and services on Tuesday, Feb. 18.
Is the US Stock Market Open Or Closed On Feb. 17?
Trading activities in the US stock market including the New York Stock Exchange and the Nasdaq Stock Market will remain suspended on Feb. 17.
Various US banks including Capital One, Bank of America, Wells Fargo, PNC, Chase, Truist and CitiBank, among others will remain closed on Feb.17.
According to USA Today, UPS pickup and delivery services will be available as usual. In addition to the government offices, most of the courthouses and public libraries also observe a holiday on Presidents' Day.
