Is the Stock Market Open Today? These Are the Trading Hours for Labor Day.
The stock market trading hours for Labor Day are discussed, despite the market's strong performance in 2023.
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Posted 9/4/2023, 4:01:00 AM
barrons.com
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The stock market rose in the first hour of trading Monday, with the Dow Jones being pulled up by 3M (MMM), while eyes are on consumer economic data and jobs numbers later in the week.
United States stock markets, including the Nasdaq and New York Stock Exchange, will be closed on Monday, Sept. 4, in celebration of Labor Day, a national holiday honoring American workers.
Traders will have a break from the stock market on Labor Day following positive economic data that suggests a slowing economy and potentially prevents the Federal Reserve from raising interest rates, while other markets such as commodities and bonds will be closed, and stock futures are expected to rise; additionally, the crypto trade remains active.
The stock market has been strong in 2023, but there are still bargains available, such as Block and Safehold, which are slightly above their 52-week lows.