Is the stock market open or closed on Labor Day? See holiday schedule

United States stock markets will be closed on Monday, Sept. 7, in observance of the Labor Day holiday.

The Nasdaq and New York Stock Exchange will be closed Monday and reopen Tuesday, Sept. 8. The U.S. bond market will also be closed on Sept. 7, according to the Securities Industry and Financial Markets Association.

According to the U.S. Department of Labor, the holiday celebrates "the social and economic achievements of American workers" and is rooted in the late nineteenth century, when labor activists pushed for a federal holiday "to recognize the many contributions workers have made to America's strength, prosperity, and well-being."

The first Labor Day was celebrated on Tuesday, Sept. 5, 1882, in New York City, and by 1894, 23 more states had adopted the holiday. President Grover Cleveland signed a law making the first Monday in September of each year a national holiday on June 28, 1894.

After shuttering for Labor Day, it will be business as usual on Wall Street until late November. The next scheduled stock market closure is on Thursday, Nov. 26, in observance of Thanksgiving.

Markets will be closed for the following holidays:

Gabe Hauari is a national trending news reporter at USA TODAY.

Original source: https://www.usatoday.com/money/