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Why Does the Stock Market Close for Good Friday (Even Though It's Not a Federal Holiday)?
Here’s the thing: Good Friday isn’t officially a federal holiday in the U.S., yet NYSE, NASDAQ, and pretty much all major stock exchanges shut down for the day. Weird, right?
The real reason? Tradition, mostly. This practice has been baked into the market since the late 1800s. Sure, there’s a practical angle—fewer traders show up anyway because people take the day for religious or personal reasons. Closing the markets prevents the mess of thin liquidity and potential volatility that would come with a skeleton crew trading.
Bonus: When bond markets also close (which they do, per SIFMA guidelines), it becomes a full financial system holiday.
Key dates this year:
So yeah, if you’re not religious, you’re getting a day off anyway. Use it for reflection, helping others, or just chilling—the market won’t care either way.