Wall Street Holiday Ahead: Nasdaq, NYSE to remain closed for trading on February
Wall Street holiday: US stock markets will remain closed for trading activities on Monday, February 17, 2025, for President’s Day 2025, to mark the birth anniversary of the first US President George Washington. According to the Securities Industry and Financial Markets Association, trading on the Nasdaq, New York Stock Exchange (NYSE) and US bond markets will remain closed after the weekend holidays, on account of President’s Day 2025.
According to US news websites, most schools, banks, and government offices will also be closed on Monday during the holiday. The US Postal Service will also be closed. According to the holiday calendar, the next US stock market holiday is April 18, 2025, in observance of Good Friday, followed by Memorial Day.
Wall Street holiday: US stock markets closed on February 17
Presidents Day falls on Monday, February 17 in 2025. The holiday is celebrated on the third Monday in February every year, originally made to honor the first US President. George Washington’s actual birthday was on February 22, 1732.
The President’s Day, officially Washington’s birthday, was designated by the Congress as a federal governmental holiday in the US. According to the National Archives, in 1971, the Uniform Monday Holiday Law changed the date to the third Monday in February.
While the holiday is sometimes misunderstood as a celebration of the lives and birthdays of all US presidents, it was originally called Washington’s Birthday and celebrates the birthday of former president Washington. It was also the first federal holiday to honor an individual’s birth date. Federal offices will be closed on Monday. However, most shops, grocery stores, and restaurants will remain open.
Wall Street Today
Wall Street stocks ended mixed on Friday, with Nvidia climbing and Microsoft dipping, while Treasury yields declined a day after US President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.
Yields across government bonds slipped for a second straight day after data showed US retail sales fell more than expected in January, dropping 0.9 per cent last month after an upwardly revised 0.7 per cent increase in December 2024. The yield on the 10-year note fell about seven basis points, last at 4.44 per cent.
The Nasdaq 100, which is made up of the Nasdaq exchange’s most valuable companies, rose 0.4 per cent and notched a record-high close. Nvidia added 2.6 per cent, while Apple moved 1.3 per cent higher. Microsoft dipped about 0.5 per cent and Amazon slid 0.7 per cent.
The S&P 500 edged down 0.01 per cent to end the session at 6,114.63 points. The Nasdaq gained 0.41 per cent to 20,026.77 points, while the Dow Jones Industrial Average declined 0.37 per cent to 44,546.08 points. For the week, the S&P 500 rose 1.5 per cent, while the Nasdaq gained 2.6 per cent and the Dow added 0.5 per cent.
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