Is the stock market open on Columbus Day? Yes. The New York Stock Exchange and Nasdaq trade normal hours on Columbus Day, Monday, October 12, 2026. The bond market is closed, however, and so are most banks.
Quick answer for Monday, October 12, 2026
- Stocks (NYSE, Nasdaq): open, 9:30 a.m. to 4:00 p.m. ET.
- Bond market: closed (SIFMA full-close recommendation).
- Banks and the Federal Reserve: closed.
- Canada (TSX): closed for Thanksgiving.
- Next stock market holiday: Thanksgiving, Thursday, November 26.
Is the stock market open on Columbus Day 2026?
Yes, it is. Columbus Day is a federal holiday, but it is not a stock market holiday. The NYSE and Nasdaq only close on ten days a year, and Columbus Day is not one of them. As a result, stocks, ETFs and stock options trade as usual.
Extended hours also run on a normal schedule. In addition, futures on the CME trade on Columbus Day, although some interest-rate products may be quiet while the cash bond market is shut.
What is open and closed on Columbus Day
| Market or service | Monday, Oct 12, 2026 | Notes |
|---|---|---|
| NYSE and Nasdaq stocks | Open | 9:30 a.m. to 4:00 p.m. ET, with normal pre-market and after-hours sessions |
| Stock options | Open | Regular trading hours |
| CME futures | Open | Some interest-rate products may see thin trading |
| US bond market | Closed | SIFMA recommends a full close for Treasuries, corporate, municipal and mortgage bonds |
| Banks and the Federal Reserve | Closed | No wire or ACH processing; Monday is not a settlement day |
| US Postal Service | Closed | No regular mail delivery |
| Federal government offices | Closed | No major economic data releases |
| Toronto Stock Exchange (TSX) | Closed | Closed for Canadian Thanksgiving |
| Tokyo Stock Exchange | Closed | Closed for Japan’s Sports Day holiday |
Why the stock market is open on Columbus Day but bonds aren’t
Stock exchanges set their own holiday calendars. The bond market, on the other hand, follows recommendations from SIFMA, the main bond industry group. SIFMA generally lines up with bank holidays, because bond trading depends heavily on banks and on the Federal Reserve’s payment systems.
That split has one practical effect. Because banks are closed, Monday does not count as a settlement day. So, if you sold shares on Friday, October 9, the cash settles on Tuesday, October 13 instead of Monday.
Trading tips when the stock market is open on Columbus Day
- Expect lighter volume. With bonds, Canada and Japan all closed, fewer traders are active. Thin markets can make prices move more than usual.
- Plan cash transfers. Bank transfers into your brokerage account won’t process until Tuesday.
- Watch rates on Tuesday. Bond prices can catch up quickly when the bond market reopens on October 13.
Canadian Thanksgiving: the TSX is closed
In Canada, October 12, 2026 is Thanksgiving Day. TMX Group has confirmed that the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange are closed. Canadian trading resumes on Tuesday, October 13. Canadian investors can still trade US-listed stocks on Monday, however, because the NYSE and Nasdaq are open.
Remaining stock market holidays in 2026
| Date | Holiday | NYSE and Nasdaq |
|---|---|---|
| Mon, Oct 12 | Columbus Day | Open (bond market closed) |
| Wed, Nov 11 | Veterans Day | Open (bond market closed) |
| Thu, Nov 26 | Thanksgiving Day | Closed |
| Fri, Nov 27 | Day after Thanksgiving | Early close, 1:00 p.m. ET |
| Thu, Dec 24 | Christmas Eve | Early close, 1:00 p.m. ET |
| Fri, Dec 25 | Christmas Day | Closed |
Next year, Columbus Day falls on Monday, October 11, 2027. The NYSE’s 2027 calendar does not list it as a holiday, so stocks are expected to trade that day too.
A short history of Columbus Day
Columbus Day became a national holiday in 1937. Since 1971, it has been held on the second Monday of October. Today, many states and cities also mark the day as Indigenous Peoples’ Day. Either way, the answer for investors is the same: the stock market is open on Columbus Day, and the bond market is closed.
Looking for more money news? Read our guide to the Social Security 2027 COLA announcement, which is due on October 14.
Frequently asked questions
Is the stock market open on Columbus Day 2026?
Yes. The New York Stock Exchange and Nasdaq are open on Columbus Day, Monday, October 12, 2026, with normal hours from 9:30 a.m. to 4:00 p.m. Eastern. Pre-market and after-hours trading also run as usual.
Is the bond market open on Columbus Day?
No. SIFMA recommends a full close of the US bond market on Columbus Day, October 12, 2026. That covers Treasuries, corporate and municipal bonds, and mortgage-backed securities. The recommendation is voluntary, but most bond desks follow it.
Are banks open on Columbus Day?
Most banks are closed, because Columbus Day is a Federal Reserve holiday. Wire transfers and ACH payments are not processed, so stock trades from Friday, October 9 settle on Tuesday, October 13.
Is the Canadian stock market open on October 12, 2026?
No. The Toronto Stock Exchange, TSX Venture Exchange and Montréal Exchange are closed on October 12, 2026 for Canadian Thanksgiving. Trading resumes on Tuesday, October 13.
What is the next stock market holiday after Columbus Day?
The next full closure is Thanksgiving Day, Thursday, November 26, 2026. The NYSE and Nasdaq then close early at 1:00 p.m. Eastern on Friday, November 27, and again on Christmas Eve, Thursday, December 24. Both markets are closed on Christmas Day, Friday, December 25.
Sources: NYSE holidays and trading hours, SIFMA holiday schedule, TMX Group.
Photo credits: New York Stock Exchange and Wall Street photos by Billie Grace Ward (CC0). Trading floor by Bear Bull Traders, CC BY 2.0. Maple leaf by The Cosmonaut, CC BY-SA 2.5 CA. Columbus Circle by Mike Peel (www.mikepeel.net), CC BY-SA 4.0. All via Wikimedia Commons. This post is general information, not financial advice.