Heightened geopolitical tensions and fresh tariff threats from US President Donald Trump will not immediately affect US cash markets. Wall Street remains closed for a holiday on Monday, January 19.
Market Closure Details
According to the official stock market holiday calendar, both the New York Stock Exchange and the Nasdaq Stock Market will stay shut today. This closure honors Martin Luther King, Jr. Day. Bond markets will also remain closed on January 19.
Normal trading activities will resume on Tuesday, January 20. This marks the second US stock market holiday this month, following New Year's Day.
Understanding Martin Luther King Jr. Day
Martin Luther King Jr. Day falls on the third Monday of January each year. The nation observes this day to honor the life and legacy of Dr. Martin Luther King Jr.
Dr. King led the American civil rights movement. His efforts focused on ending racial segregation and discrimination through non-violent protest. He championed equality, justice, and civil rights for all citizens.
His advocacy played a crucial role in passing landmark legislation. This includes the Civil Rights Act of 1964 and the Voting Rights Act of 1965. In recognition of his leadership and commitment to non-violence, King received the Nobel Peace Prize in 1964.
Full 2026 US Stock Market Holiday Calendar
The US stock market closes for a total of ten days in 2026. The next holiday on Wall Street will occur in February to mark George Washington's birthday. Here is the complete calendar for the year:
- New Year’s Day: Thursday, January 1
- Martin Luther King, Jr. Day: Monday, January 19
- Washington’s Birthday: Monday, February 16
- Good Friday: Friday, April 3
- Memorial Day: Monday, May 25
- Juneteenth National Independence Day: Friday, June 19
- Independence Day: Friday, July 3 (observed)
- Labor Day: Monday, September 7
- Thanksgiving Day: Thursday, November 26
- Christmas Day: Friday, December 25
US Stock Futures React to Tariff Threats
US stock market futures traded lower today amid signs of renewed tensions. A fresh flare-up between the US and eight European countries triggered this movement.
President Trump announced a new 10% tariff on Saturday. This tariff will take effect on February 1. It targets goods from European countries that have supported Greenland. The announcement came after US threats to take control of the semi-autonomous Danish territory.
Trump stated that these levies would increase to 25% in June. This increase will happen unless and until a deal is reached for the complete and total purchase of Greenland.
The move drew swift criticism from European leaders. French President Emmanuel Macron said he would seek activation of the European Union's anti-coercion instrument. This mechanism represents the bloc's strongest retaliatory tool.
The EU is also considering imposing tariffs on up to €93 billion worth of US goods. This response would follow if Trump proceeds with the proposed 10% levy. A Bloomberg report highlighted these potential measures.
At the time of writing, S&P 500 futures were down 0.95%. E-mini Nasdaq 100 futures slumped 1.25%.
Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions.
