Veterans Day 2024: Are stock markets, banks, and post offices open?

Nov 10, 2024
veterans-day-2024:-are-stock-markets,-banks,-and-post-offices-open?

Veterans Day, observed on November 11 each year, commemorates the conclusion of World War I. Its origins trace back to the armistice that took effect on November 11, 1918. Known as the “eleventh hour of the eleventh day of the eleventh month,” this historic ceasefire marked the end of the “war to end all wars.”

Today, Veterans Day is a national tribute to American veterans, honoring their courage, dedication, and willingness to serve.

As a federal holiday, Veterans Day means several institutions, including some businesses and government services, may close in observance.


Will the Stock Market Be Open?

Despite Veterans Day being a federal holiday, the US stock market, including both the New York Stock Exchange (NYSE) and Nasdaq, will remain open with regular trading hours on Monday, November 11, as mentioned in a report by USA Today.

Investors can continue their activities without interruption; however, the bond markets will observe the holiday and remain closed on this day. Looking ahead, the stock markets will only close two more times in 2024: Thanksgiving Day on November 28 (with an early closure on November 29) and Christmas Day on December 25.


Banks Closed Nationwide

Most banks, including prominent institutions like Bank of America, Wells Fargo, Capital One, Truist, and PNC, will be closed on Monday in observance of Veterans Day. Federal holidays typically mean closures for many banking services, so customers should plan accordingly.

However, customers will still have access to digital banking options through online banking platforms and ATMs for basic transactions such as checking account balances and cash withdrawals, as mentioned in the report by USA Today.

Post Office Operations Halted for the Day

The United States Postal Service (USPS) will suspend its services on Veterans Day, with all post offices closed and no mail delivery scheduled for the holiday. USPS observes all federal holidays, and mail operations will resume the following day, Tuesday, November 12.

Those expecting deliveries or planning to send packages should consider this closure when organizing their shipping needs around the holiday.

Private Shipping Services Remain Active

While USPS halts its operations, private shipping companies such as UPS and FedEx will continue to operate on Veterans Day, although there may be slight delays with specific services.

UPS will maintain its pickup and delivery services, with UPS SurePost and UPS Mail Innovations experiencing minor delays due to USPS’s holiday schedule. UPS Store locations will remain open, offering their usual services.

Similarly, FedEx will provide its regular pickup, delivery, and office services without disruption, accommodating customers who rely on alternative shipping options when USPS services are closed.

FAQs

Is Veterans Day the same date every year?

Veterans Day is consistently observed on November 11, regardless of the day of the week. The National Veterans Day Ceremony, along with most ceremonies across the country, takes place on this date each year.

Is Veterans Day a US holiday?

Officially designated a federal holiday in 1938, the day was renamed Veterans Day in 1954. Observed on November 11 each year—the anniversary of the World War I armistice—it remains celebrated on this date, regardless of the day of the week.

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