What are the Wall Street Holidays for 2017?

What are the Wall Street Holidays for 2017?

As we approach the end of 2016 and gear up for the new year, investors and traders may be wondering about the upcoming holidays for Wall Street in 2017. Knowing the schedule for market closures can help investors plan their trades accordingly and avoid any unexpected surprises. In this article, we will provide a detailed overview of the Wall Street holidays for 2017.

New Year's Day - January 2nd (observed)

The first holiday of the year falls on January 2nd, which is observed as New Year's Day. The stock market will be closed on this day, as it is a federal holiday. This means that there will be no trading on the New York Stock Exchange (NYSE) or the Nasdaq.

Martin Luther King Jr. Day - January 16th

The next holiday is Martin Luther King Jr. Day, which falls on January 16th. As with New Year's Day, the stock market will be closed on this day. However, some banks and other financial institutions may remain open.

President's Day - February 20th

President's Day falls on February 20th and is another federal holiday. The stock market will be closed on this day, but as with Martin Luther King Jr. Day, some financial institutions may remain open.

Good Friday - April 14th

Good Friday is a religious holiday that falls on April 14th. The stock market will be closed on this day, as it is not a federal holiday but many businesses, including banks, usually close.

Memorial Day - May 29th

Memorial Day falls on May 29th and is a federal holiday. The stock market will be closed on this day, as will most banks and other financial institutions.

Independence Day - July 4th

Independence Day falls on July 4th and is a federal holiday. The stock market will be closed on this day, as will most banks and other financial institutions.

Labor Day - September 4th

Labor Day falls on September 4th and is a federal holiday. The stock market will be closed on this day, as will most banks and other financial institutions.

Thanksgiving Day - November 23rd

Thanksgiving Day falls on November 23rd and is a federal holiday. The stock market will be closed on this day, as will most banks and other financial institutions.

Christmas Day - December 25th

The final holiday of the year is Christmas Day, which falls on December 25th. The stock market will be closed on this day, as it is a federal holiday.

Investment Strategies and Tips

Knowing the schedule of the Wall Street holidays is important for investors who want to plan their trades in advance. It is also important to keep in mind that holidays can affecttrading volumesand stock prices, so investors should be cautious when trading around these times. Additionally, investors may want to consider usinglimit ordersinstead of market orders to ensure that they get the best possible price for their trades.

Another strategy that investors may want to consider isdiversification. By spreading their investments across different asset classes and sectors, investors can reduce their exposure to any one particular risk. This can help to balance out any losses in one area with gains in another, and can potentially lead to more consistent returns over time.

In conclusion, the Wall Street holidays for 2017 include New Year's Day, Martin Luther King Jr. Day, President's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Investors should keep these holidays in mind when planning their trades and consider using limit orders and diversification strategies to mitigate risk.