Is the Stock Market Open on Martin Luther King Day 2027? Bond Market Hours
January 18, 2027
Is the Stock Market Open on Martin Luther King Day 2027? Bond Market Hours
US Bond Market (SIFMA) are closed on Monday, for Martin Luther King Day.
- Next holiday
- Presidents Day, February 15, 2027
- Regular hours
- 8:00 am to 5:00 pm ET
Full schedule and background: Bond Market Holidays.
Updated
The US bond market is closed on Monday, January 18, 2027 for Martin Luther King Jr. Day, following the recommended holiday schedule published by the Securities Industry and Financial Markets Association (SIFMA). Equity markets, including the New York Stock Exchange and Nasdaq, are also closed that day, as MLK Day is a full market holiday across US trading venues. Any bond trades or transfers timed for that day queue for the next business day, and settlement dates that fall on the holiday roll to the following session. Full schedule and background: bond market holidays.
For readers outside the US, this is a US-specific holiday. Markets in London, Paris and Tokyo trade as normal, though liquidity in dollar-denominated bonds and US-linked assets may be thinner than usual with US desks shut.
Which markets are closed on Martin Luther King Day 2027?
| Market | Status | Notes |
|---|---|---|
| US Bond Market (SIFMA recommendation) | Closed | Covers Treasuries, agency debt and most fixed income desks |
| NYSE / Nasdaq (equities) | Closed | Standard NYSE holiday calendar |
| CME futures (US) | Closed or limited | Most US futures pause or run reduced hours; check CME’s own calendar for specifics |
| US options markets | Closed | Follows equity market closure |
| London Stock Exchange (LSE) | Open (regular hours) | Does not observe US holidays |
| Euronext | Open (regular hours) | Does not observe US holidays |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | Does not observe US holidays; local Japanese holidays apply separately |
Is the market open the day before and after?
Friday, January 15, 2027 is a normal full trading day, with regular bond market hours of 8:00 am to 5:00 pm ET as recommended by SIFMA. There is no early close scheduled ahead of MLK Day. The next trading day is Tuesday, January 19, 2027, when the bond market reopens on its usual schedule.
Why do markets close for Martin Luther King Day?
Martin Luther King Jr. Day is a federal holiday observed on the third Monday of January, marking the birthday of the civil rights leader. It became a federal holiday in 1983 and was first observed nationwide in 1986. US financial markets, including the bond market and the major stock exchanges, close in line with the federal holiday calendar, reflecting the closure of government offices, the Federal Reserve and banks.
What It Means for Your Money
If you place a bond order or attempt a wire transfer on January 18, it will not process until markets reopen on January 19, and settlement that would normally take one business day (T+1) is pushed back accordingly. Coupon payments or scheduled interest dates falling on the holiday typically move to the next business day. US banks are generally closed for the federal holiday, so in-branch transactions and some ACH transfers may be delayed. Payroll runs scheduled for the holiday often shift a day earlier or later depending on the employer’s calendar. Cryptocurrency markets are unaffected, as they trade continuously regardless of traditional market holidays.
Remaining bond market holidays in 2027
- Presidents Day: February 15, 2027 (closed)
- Good Friday: March 26, 2027 (closed)
- Day before Memorial Day: May 28, 2027 (early close, 2:00 pm ET)
- Memorial Day: May 31, 2027 (closed)
- Juneteenth (observed): June 18, 2027 (closed)
- Day before Independence Day: July 2, 2027 (early close, 2:00 pm ET)
- Independence Day (observed): July 5, 2027 (closed)
- Labor Day: September 6, 2027 (closed)
- Columbus Day: October 11, 2027 (closed)
- Veterans Day: November 11, 2027 (closed)
- Thanksgiving Day: November 25, 2027 (closed)
- Day after Thanksgiving: November 26, 2027 (early close, 2:00 pm ET)
- Day before Christmas: December 23, 2027 (early close, 2:00 pm ET)
- Christmas Day (observed): December 24, 2027 (closed)
- New Year’s Eve: December 31, 2027 (early close, 2:00 pm ET)
Frequently Asked Questions
Is the stock market open on Martin Luther King Day 2027?
No, the NYSE and Nasdaq are closed on Monday, January 18, 2027, alongside the bond market.
Is the bond market open on Martin Luther King Day 2027?
No, SIFMA’s recommended holiday schedule has the US bond market fully closed on January 18, 2027.
What time does the bond market close the day before MLK Day?
January 15, 2027 is a normal trading day with no early close, so the bond market runs its usual hours of 8:00 am to 5:00 pm ET.
When is the next market holiday after MLK Day 2027?
The next market holiday is Presidents Day, falling on February 15, 2027.
Are banks open on Martin Luther King Day 2027?
Most US banks follow the federal holiday calendar and are closed on January 18, 2027, though hours can vary by institution.