WASHINGTON. Ah, Labor Day! Kids are already heading back to school in and around the D.C. metropolitan area. But plenty of families are still out at the beach enjoying their last official chance for fun in the sun. In this year’s edition of the annual end-of-summer frenzy, many area residents flocked to Maryland’s Eastern and Atlantic shores and nearby Delaware beaches.
Many of those holiday revelers will observe another agonizing annual tradition on Labor Day itself. Waiting until the last minute to return home, they’ll jam the Bay Bridge solid for the better part of Monday.
Elsewhere, South of the Potomac, an equally impressive armada of suburban Virginians temporarily migrated south for Virginia Beach and North Carolina’s Outer Banks. Instead of the Bay Bridge, they’ll jam I-95 north completely solid during their Monday return trip.
Yes, Labor Day is the last (unofficial) gasp of summer both here in The Swamp and across the fruited plain. For Wall Streeters, traders and investors alike, Labor Day marks a brief pause before September trading action gets underway. That’s important, because on the following day, the yellow caution flags go up for traders and investors.
As for now, however, let’s take a brief look at how the upcoming Labor Day holiday (September 3) affects trading over the next few days.
Labor Day Trading Hours: U.S. Markets:
Thursday August 30 and Friday August 31. All U.S. markets (including equity, option, and fixed income) will be open for trading as usual, including pre-market and after-hours trading.
Monday, September 3, 2018. It’s Labor Day! All U.S. markets (including equity, option, and fixed income) will be closed in observance of the Labor Day holiday. In addition, there will be no pre-market or after-hours trading.
Labour Day Trading Hours: Canadian Markets:
Monday, September 3, 2018. Canadian markets will also be closed on in observance of Canada’s Labour Day holiday. Canadian or American orders for Canadian shares that investors place after the close of the U.S. Market on Friday, August 31, 2018 route to the Canadian exchanges on Tuesday, September 4, 2018.
Check with your individual brokerage firm for further details as required.
And a happy Labor Day (or Labour Day) Holiday weekend to all.