Monday saw an improvement in market mood as US stock futures increased in response to Donald Trump’s remarks on the possibility of lowering tariffs on China.
On Columbus Day, the US stock market will be open for normal trade. The US stock market will be open as normal on Monday, October 13, and neither Columbus Day nor Indigenous Peoples’ Day will lead to its closure.
However, in 2025, the Federal Reserve and several other institutions will observe Columbus Day by closing. The US bond market will shut, according to a statement from the Securities Industry and Financial Markets Association.
Columbus Day does not impact the stock market’s working hours, even though it is a federal holiday. The New York Stock Exchange and Nasdaq Stock Exchange are open for business Monday from 9:30 a.m. to 4:00 p.m. Eastern Time.
Stock market holidays are non-weekend working days on which the Nasdaq and the New York Stock Exchange (NYSE), the two major U.S. stock exchanges, are closed.
The NYSE and Nasdaq do not have any planned holidays in October, and trading will continue as normal on all weekdays. On November 27, 2025, Thanksgiving Day, the US stock market will observe its next vacation.
After Trump said that trade ties with Beijing will be good and that he would lower tariffs on China, U.S. stock futures increased on Monday. Vice President JD Vance repeated this, saying that if China is prepared to be reasonable, the US is eager to engage in negotiations.
After Beijing imposed additional export restrictions on rare earths essential to the manufacturing of semiconductors and electric vehicles, Trump’s threat of a “massive” tariff increase caused the market to plummet.
The US stock market’s earnings season has started. Now, investors are waiting for the big banks—Citigroup, Goldman Sachs, Wells Fargo, JPMorgan Chase, Bank of America, and Morgan Stanley—to release their quarterly reports later this week.