No, Nasdaq is closed on Martin Luther King Jr. Day. The stock market, including the Nasdaq and New York Stock Exchange (NYSE), is closed on Martin Luther King Jr. Day.
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Martin Luther King Jr. Day is a federal holiday in the United States that honors the life and achievements of the civil rights leader Martin Luther King Jr. He was born on January 15, 1929 and became a prominent advocate of nonviolent resistance against racial segregation and discrimination.
King led many campaigns and marches for racial justice, such as the Montgomery bus boycott, the Birmingham campaign, the March on Washington, and the Selma to Montgomery marches. He also delivered his famous “I Have a Dream” speech at the Lincoln Memorial in 1963.
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King was awarded the Nobel Peace Prize in 1964 for his efforts to end racial violence and promote harmony. He was assassinated on April 4, 1968, in Memphis, Tennessee.
Almost immediately after his death, there were calls for a national holiday in his honor. However, it took more than a decade for Congress to pass a bill that established the third Monday in January as Martin Luther King Jr. Day.
The first observance nationwide was in 1986, although some states and cities had already made his birthday a holiday earlier. The date was chosen to coincide with his birthday, but also to avoid conflicts with other holidays and events. The holiday is usually celebrated with marches, parades, speeches, community service, and educational activities that reflect King’s legacy and vision.
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