Are you ready to celebrate Presidents Day? This holiday, which falls on the third Monday in February, is a time to honor the presidents of the United States. Originally established to commemorate George Washington’s birthday, it is now known as Presidents Day and is a day off for many people. But what about the stock market and post office operations? Let’s find out.
Firstly, if you’re planning to do some trading on Presidents Day, you might want to think again. The New York Stock Exchange (NYSE), Nasdaq, and bond markets are all closed on this day. So, don’t expect any market action until Tuesday, February 20 when trading resumes as normal.
As for mail delivery, the U.S. Postal Service (USPS) takes the day off on Presidents Day. You won’t receive any mail on Monday. However, if you’re expecting a package from FedEx, they will offer modified service. UPS, on the other hand, will operate fully for the most part, and UPS store locations will be open.
If you need to visit your bank on Presidents Day, think again. Banks are generally closed on this federal holiday. However, you can still use ATMs or your banking app for basic transactions.
Government offices also take the day off on Presidents Day. Since it’s a federal holiday, all nonessential federal government offices are closed. The same generally applies to state government offices as well.
For students, it’s good news. Schools are typically closed on Presidents Day, giving students a day off. However, some districts may use this day as a makeup day for weather-related closures, so it’s best to check with your local school district.
If you’re in the mood for some shopping, Presidents Day is a great time to hit the stores. Not only are most stores open, but many also use this occasion to hold sales. According to RetailMeNot, the biggest discount categories often include winter clothes, home décor, and fashion accessories. So, take advantage of the sales and grab some great deals.
In conclusion, Presidents Day is a federal holiday that honors the presidents of the United States. While some businesses and institutions take the day off, others remain open. The stock market and post office operations are closed, but most stores offer sales and discounts. It’s a day to relax, shop, and celebrate the leaders who shaped our nation.
