The fall equinox might technically be a few weeks away. But the unofficial end of summer – that would be Labor Day – is upon us. That means a three-day weekend for investors and traders. The stock market is closed for 2021’s Labor Day, which falls on Monday, Sept. 6, this year.
For the record, the bond market is closed for the holiday, too.
Unlike some market holidays, however, there are no early hours ahead of Labor Day. The New York Stock Exchange (NYSE), Nasdaq Stock Market and bond market all have regular trading hours on Friday, Sept. 3.
Also note that a thin earnings calendar typically accompanies the Labor Day holiday.
A reminder: Labor Day is a longstanding holiday in the U.S. that celebrates the American worker. Oregon was the first state to adopt its celebration, in 1887. Seven years later, the U.S. made Labor Day a national holiday.
We’re hardly alone – dozens of other countries have a similar celebration called…