Veterans Day is not a holiday for the U.S. stock market. Major exchanges, including the New York Stock Exchange (NYSE) and the Nasdaq, remain open and operate under their normal trading hours. The core subject of the query, "Veterans Day," functions as a proper noun, while its status as a "holiday" is the attribute in question relative to the "stock market," another noun.
The distinction arises because stock market holidays are determined by the exchanges themselves, not by the federal holiday schedule. While Veterans Day is a federal holiday, leading to the closure of government offices and banks, the equity markets do not observe it. However, the U.S. bond market is a different case. Following the recommendation of the Securities Industry and Financial Markets Association (SIFMA), the bond market is typically closed on Veterans Day, as its operations are more closely tied to the banking system and federal reserve settlement schedules.
Consequently, for investors and traders, this means that all trading of stocks, options, and exchange-traded funds (ETFs) proceeds as usual on Veterans Day. The only significant impact is the complete halt of trading in the fixed-income markets. Traders should be aware that while equity markets are active, bond market activity will not resume until the next business day.
