While the stock market closes for many federal holidays, it doesn't close for all of them.

Columbus Day, which falls on Monday, Oct. 13 in 2025, is one of those rare exceptions, where trades will still happen, even though most federal buildings and banks are closed.

Columbus Day is a recognized when Christopher Columbus first journey to the Americas, sparking an era of European colonization. The holiday grew to also represent Italian Americans.

The first time Columbus Day was recognized, in 1892, President Benjamin Harrison proclamation of the holiday was in part encourage Americans to accept Italian immigrants, who shared their heritage with the explorer, as they were being attacked in the country.

Due to its roots in colonization, the holiday has been heavily criticized since then,

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