How Presidents Day Affects Financial Markets, Government Services, Schools, and More
Presidents Day is a time to honor those who have served as U.S. president. Originally established to celebrate George Washington’s birthday, the holiday is still officially recognized as Washington’s Birthday on federal and New York Stock Exchange calendars. It’s observed on the third Monday of February, which falls on February 17 this year.
As with most federal holidays, many businesses, offices, and institutions—including financial markets—will be closed. Here’s what you need to know about what’s open and what’s not.
Are the Stock and Bond Markets Open on Presidents Day?
No. The New York Stock Exchange (NYSE), Nasdaq, and bond markets will all be closed on Monday. Trading will resume on Tuesday, February 18.
Ahead of the holiday weekend, stocks were showing strength. The S&P 500 was just shy of its record close from January 23, while the Dow Jones Industrial Average had gained 5.1% year-to-date, and the Nasdaq Composite was up 3.3% through Thursday’s close.
Is There Mail Delivery on Presidents Day?
- U.S. Postal Service (USPS): No mail delivery on Presidents Day.
- FedEx: Limited services, including early on-call and drop-box pickups in select areas.
- UPS: Operating as usual, with most UPS Store locations open.
Are Banks Open on Presidents Day?
Most banks follow the Federal Reserve’s holiday schedule and will be closed on Monday. However, ATMs, mobile banking, and online services will remain available. If you need in-person banking, check with your local branch for exceptions.
Are Government Offices Open?
All nonessential federal government offices will be closed, as will most state government offices.
Are Schools Open on Presidents Day?
Most schools are closed, though some districts may use the day as a makeup day for weather-related closures. Check with your local school district for confirmation.
Are Stores Open on Presidents Day?
Yes. Not only are most stores open, but many also run holiday sales, offering discounts on a wide range of products, from tech gear to mattresses.
Whether you’re taking advantage of the long weekend or just planning ahead, now you know what to expect this Presidents Day.
