Text size
Dreamstime
After a bumpy few weeks for the major U.S. indexes, investors may feel Labor Day hasn’t come soon enough.
The
S&P 500,
the
Dow Jones Industrial Average,
and the
Nasdaq Composite
have each fallen for three straight weeks. The S&P 500 is down18% so far this year, while the Dow is down 14%. The tech-heavy Nasdaq Composite has fared worse, with a 26% drop.
Fears about inflation and the Federal Reserve’s efforts to combat it have weighed on stocks for much of the year. Though Friday’s jobs report, which showed the U.S. economy added 315,000 jobs in August, appeared to ease some concerns about the Federal Reserve’s next interest rate decision, the Sept. 13 release of the consumer price index will be key.
In the meantime, there’s Labor Day, which each year is observed on the first Monday of September. Here’s what to know if you’re looking to trade on the occasion.
Is the Stock Market Open on Labor Day 2022?
Both the New York Stock Exchange and the Nasdaq will be closed on Monday, Sept. 5, in observance of the federal holiday, before reopening at 9:30 a.m. on Tuesday. Over-the counter markets and U.S. bond markets will also be shut for Labor Day.
Are International Markets Are Open Today?
The Toronto Stock Exchange will be closed Monday for Labour Day in Canada. Other international exchanges, including the London Stock Exchange, Shanghai Stock Exchange, and Hong Kong Stock Exchange, will be open.
How Will Gas Prices Impact Labor Day?
Gasoline prices have fallen sharply from their peak in June. Per AAA, the average gasoline price in the U.S. as of Saturday was $3.80 a gallon—but…
..
