The U.S. stock market is closed today, January 20, 2025, in observance of Martin Luther King Jr. Day, coinciding with President-elect Donald Trump's second presidential inauguration.Both the New York Stock Exchange (NYSE) and Nasdaq Stock Market observe MLK Day as a federal holiday,

Monday will be an especially noteworthy day on America’s calendar — and it’s one that will be marked by various closings, including that of financial markets.

According to NBC, the overlap is rare — this just the second time Inauguration Day falls on the same date as MLK Day since it became a federal holiday in 1983. The last time both were observed simultaneously was during President Bill Clinton’s second inauguration in January 1997.

The dual celebrations of a second Trump inauguration and the civil rights leader’s birth raise profound questions about Black leadership and progress toward the Rev. Dr. Martin Luther King Jr.’s dream.

Martin Luther King Jr. Day is on Monday, Jan. 20, 2025. Since it's a federal holiday, some businesses and services may be closed. Here's what to know.

Delivery services, such as FedEx and UPS, will have modified operations on Martin Luther King Jr. Day. FedEx Freight, FedEx Office, FedEx Custom Critical and FedEx Logistics are open, according to the FedEx website. Some UPS stores may be open while only critical services will be in operation.

Many businesses are closing on Martin Luther King Jr. Day, which coincides with Donald Trump's inauguration. What you should know is as follows.

As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,

The convergence of Martin Luther King Jr. Day and Trump's inauguration on January 20, 2025, will see closures of banks and stock markets and more. Joe Raedle/Getty Images/AFP (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

It’s rare for the two federal holidays to overlap, and this is just the third time in history that a president will take the oath of office on MLK Day.

Less than two weeks after the stock market shuttered for former President Jimmy Carter’s state funeral, investors may be looking for another break on Martin Luther King Jr. Day. This year, the annual day of remembrance for the civil rights leader happens to coincide with Donald Trump’s inauguration as the 47th president.