Veterans Day, observed annually on November 11, honors military veterans who have served in the United States Armed Forces. In 2024, Veterans Day falls on Monday, November 11. Many people wonder how this federal holiday affects the operations of businesses, schools, banks, and mail services. Here's a breakdown of what you can expect on Veterans Day 2024:
Is the Stock Market Open on Veterans Day?
Yes, the stock market will remain open on Veterans Day. Both the New York Stock Exchange (NYSE) and NASDAQ will be operational during their regular trading hours. However, the bond market, governed by the Securities Industry and Financial Markets Association (SIFMA), typically observes a partial holiday closure.
Are Banks Closed on Veterans Day?
Yes, most banks will be closed on Veterans Day. As it is a federal holiday, many financial institutions, including major banks like Chase, Wells Fargo, and Bank of America, will not be open. Some branches inside supermarkets may remain open, but it is best to check with your local branch for specific hours.
Is Veterans Day a Bank Holiday?
Yes, Veterans Day is recognized as a bank holiday in the United States, meaning the Federal Reserve Banks and many private banks are closed.
Are Schools Closed on Veterans Day?
This varies by state and school district. While public schools in many states may be closed in observance of Veterans Day, some districts may choose to keep schools open and hold special programs or events to honor veterans. It's best to check with your local school district for specific closures.
Is the Post Office Open on Veterans Day?
No, the post office will be closed on Veterans Day. As it is a federal holiday, the United States Postal Service (USPS) does not operate, meaning there will be no mail delivery or retail services at post offices on November 11.
Is There Mail on Veterans Day?
No, there is no mail delivery on Veterans Day. Both regular mail and package services through USPS will be paused for the holiday. However, private delivery services such as UPS and FedEx may operate on a modified schedule, so be sure to check with them for specific details.
In Summary:
- Stock Market: Open
- Banks: Closed
- Schools: Varies by district
- Post Office: Closed
- Mail Delivery: No
Veterans Day is a time to honor and reflect on the contributions of military veterans. Be sure to check the specific policies of your local services and businesses as some may have adjusted hours or remain open for limited services.
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