US Stock Exchange Public Holidays 2017: A Comprehensive Guide"

In the fast-paced world of finance, understanding the public holidays of the US stock exchanges is crucial for investors and traders. The year 2017 was no exception, with various holidays impacting trading activities. This article aims to provide a comprehensive guide to the public holidays observed by major US stock exchanges in 2017.

Understanding the Significance of Public Holidays

Public holidays in the US stock exchange calendar can significantly affect trading activities. These holidays often lead to market closures, influencing investment decisions and portfolio management. By knowing the holidays in advance, investors can plan their trading activities accordingly and avoid any unexpected surprises.

Public Holidays Observed in 2017

Several public holidays were observed by the major US stock exchanges in 2017. Below is a detailed list of the holidays and their significance:

1. New Year's Day (January 2, 2017): The first trading day of the year was delayed by one day due to New Year's Day, which was observed on January 1.

2. Martin Luther King Jr. Day (January 16, 2017): The stock exchanges closed on this federal holiday, commemorating the civil rights leader.

3. Presidents' Day (February 20, 2017): This holiday honors the birthdays of George Washington and Abraham Lincoln, resulting in a market closure.

4. Good Friday (April 14, 2017): Good Friday, a Christian holiday commemorating the crucifixion of Jesus Christ, led to the closure of the stock exchanges.

5. Memorial Day (May 29, 2017): Observing the holiday honoring those who died while serving in the military, the stock exchanges closed on this day.

6. Independence Day (July 4, 2017): Celebrating the signing of the Declaration of Independence, the stock exchanges were closed for the day.

7. Labor Day (September 4, 2017): The holiday commemorating the achievements of American workers led to a market closure.

8. Columbus Day (October 9, 2017): This federal holiday, celebrating the explorer Christopher Columbus, resulted in a one-day market closure.

9. Veterans Day (November 10, 2017): Recognizing the service of military veterans, the stock exchanges closed on this day.

10. Thanksgiving Day (November 23, 2017): The traditional day of giving thanks led to a four-day market closure, including the day after Thanksgiving.

11. Christmas Day (December 25, 2017): The stock exchanges closed for the holiday season, allowing investors to celebrate the festive season.

Impact of Public Holidays on Market Activity

Public holidays can have a substantial impact on market activity. For instance, the days leading up to major holidays can see increased trading volumes as investors adjust their portfolios. Additionally, the delayed opening or closure of the stock exchanges can affect market sentiment and investment decisions.

Case Study: Thanksgiving 2017

In 2017, the stock exchanges observed a four-day closure around Thanksgiving Day. This period saw increased trading volumes as investors adjusted their portfolios. The day after Thanksgiving, known as "Black Friday," historically sees a surge in consumer spending, which can have a positive impact on the stock market.

Conclusion

Understanding the public holidays observed by the US stock exchanges in 2017 is crucial for investors and traders. By knowing the holidays in advance, investors can plan their trading activities and avoid unexpected market closures. The holidays not only affect trading but also play a significant role in shaping market sentiment and investment decisions.