Introduction: The US stock exchange is a vital part of the global financial market, and for investors, it is crucial to stay informed about the bank holidays. In 2018, several significant holidays impacted trading on the US stock exchanges. This comprehensive guide will delve into the key bank holidays in 2018, their impact on trading, and what investors should know.
January 1, 2018 - New Year's Day The first major bank holiday in 2018 was New Year's Day on January 1st. This holiday marked the beginning of the year and was observed across the United States. The stock exchanges, including the New York Stock Exchange (NYSE) and the NASDAQ, were closed on this day, resulting in a four-day trading week for the remainder of the month.
January 15, 2018 - Martin Luther King Jr. Day Martin Luther King Jr. Day is a federal holiday in the United States, commemorating the civil rights leader's birthday. In 2018, the holiday fell on January 15th. The stock exchanges were closed, leading to a three-day trading week for the rest of the month.
February 19, 2018 - Washington's Birthday Washington's Birthday, also known as President's Day, is a federal holiday celebrating the birthday of George Washington. The holiday in 2018 was observed on February 19th, resulting in the stock exchanges being closed for the day. This led to a three-day trading week for the remainder of the month.
April 2, 2018 - Good Friday Good Friday is a Christian holiday commemorating the crucifixion of Jesus Christ. The holiday in 2018 was observed on April 2nd, and the stock exchanges were closed for the day. This resulted in a shortened trading week.
May 28, 2018 - Memorial Day Memorial Day is a federal holiday in the United States, honoring those who died while serving in the military. The holiday in 2018 was observed on May 28th, resulting in the stock exchanges being closed for the day. This led to a three-day trading week for the remainder of the month.
July 4, 2018 - Independence Day Independence Day is a federal holiday celebrating the adoption of the Declaration of Independence in 1776. The holiday in 2018 was observed on July 4th, and the stock exchanges were closed for the day. This resulted in a three-day trading week for the remainder of the month.
September 3, 2018 - Labor Day Labor Day is a federal holiday in the United States celebrating the achievements of the American workforce. The holiday in 2018 was observed on September 3rd, resulting in the stock exchanges being closed for the day. This led to a three-day trading week for the remainder of the month.
October 8, 2018 - Columbus Day Columbus Day is a federal holiday celebrating the discovery of the Americas by Christopher Columbus. The holiday in 2018 was observed on October 8th, and the stock exchanges were closed for the day. This resulted in a three-day trading week for the remainder of the month.
November 23, 2018 - Thanksgiving Day Thanksgiving Day is a federal holiday in the United States celebrating the harvest and other blessings of the past year. The holiday in 2018 was observed on November 23rd, and the stock exchanges were closed for the day. This led to a shortened trading week.
December 25, 2018 - Christmas Day Christmas Day is a federal holiday in the United States celebrating the birth of Jesus Christ. The holiday in 2018 was observed on December 25th, and the stock exchanges were closed for the day. This resulted in a three-day trading week for the remainder of the month.
Understanding the bank holidays in 2018 is crucial for investors to plan their trading strategies accordingly. By staying informed about the stock exchange closures, investors can avoid unexpected market disruptions and make well-informed decisions.
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