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Introduction
The US stock exchange is one of the most vibrant and influential financial markets in the world. For investors and traders, it's crucial to be aware of the public holidays observed by the stock exchanges. This article provides a comprehensive guide to the public holidays in 2015 for the major US stock exchanges, including the New York Stock Exchange (NYSE) and the NASDAQ.
Public Holidays in 2015
The following are the public holidays observed by the NYSE and NASDAQ in 2015:
- New Year's Day: January 1
- Martin Luther King Jr. Day: January 19
- Washington's Birthday: February 16
- Good Friday: April 3
- Memorial Day: May 25
- Independence Day: July 3
- Labor Day: September 7
- Columbus Day: October 12
- Veterans Day: November 11
- Thanksgiving Day: November 26
- Christmas Day: December 25
Impact on Trading Hours
It's important to note that while the stock exchanges are closed on these public holidays, the trading hours for the exchanges may vary on the days leading up to and following these holidays. For example, the NYSE and NASDAQ often operate on a half-day schedule on the Friday before and the Monday after a holiday.
Case Study: Christmas Day 2015
To illustrate the impact of public holidays on trading hours, let's look at the case of Christmas Day 2015. The stock exchanges were closed on December 25, but they operated on a half-day schedule on December 23 and December 28. This meant that traders had fewer opportunities to execute trades on these days, which could affect their investment strategies.
Conclusion
Being aware of the public holidays observed by the US stock exchanges is crucial for investors and traders. By understanding the impact of these holidays on trading hours, investors can make informed decisions and adjust their strategies accordingly. Whether you're a seasoned investor or just starting out, knowing the public holidays observed by the NYSE and NASDAQ can help you navigate the stock market more effectively.
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