The New York Stock Exchange and the Nasdaq will be closed Monday, Jan. 18, 2021 in observance of Martin Luther King Jr. Day.
The holiday honoring civil-rights leader Martin Luther King Jr. - who was born on January 15, 1929 and assassinated on April 4, 1968 - was officially established in 1986 after being signed into law by President Ronald Reagan three years earlier.
For a little more than a decade after that first observance, the stock market remained open, observing a minute of silence at noon to honor King. However, from 1998 on, the NYSE and Nasdaq began taking the full day off to honor the King’s life and legacy.
