New York Stock Exchange 2021 Market Holidays and Half-Days

 

Market Holidays 2021

The New York Stock Exchange (NYSE) together with the NASDAQ Stock Market are the two prominent U.S. stock exchanges that are widely considered to be "the stock market." Both stock exchanges observe the same holiday schedule, which appears below for the year 2021.

 

2021 Market Holidays and Half-Days			New York Stock Exchange	NASDAQ	SIFMA (Bond Market)*
New Year's Eve Day	Thursday	December 31, 2020	OPEN	OPEN	REC. 2:00 PM ET CLOSE
New Year's Day	Friday	January 1, 2021	CLOSED	CLOSED	REC. CLOSE
Martin Luther King Jr. Day	Monday	January 18, 2021	CLOSED	CLOSED	REC. CLOSE
Washington's Birthday	Monday	February 15, 2021	CLOSED	CLOSED	REC. CLOSE
Thursday before Good Friday	Thursday	April 1, 2021	OPEN	OPEN	OPEN
Good Friday	Friday	April 2, 2021	CLOSED	CLOSED	REC. 12:00 PM ET CLOSE
Memorial Day	Monday	May 31, 2021	CLOSED	CLOSED	REC. CLOSE
Independence Day	Monday	July 5, 2021	CLOSED	CLOSED	REC. CLOSE
Labor Day	Monday	September 6, 2021	CLOSED	CLOSED	REC. CLOSE
Columbus Day	Monday	October 11, 2021	OPEN	OPEN	REC. CLOSE
Veteran's Day	Thursday	November 11, 2021	OPEN	OPEN	REC. CLOSE
Thanksgiving Day	Thursday	November 25, 2021	CLOSED	CLOSED	REC. CLOSE
Day after Thanksgiving Day	Friday	November 26, 2021	OPEN TIL 1:00 PM ET	OPEN TIL 1:00 PM ET	REC. 2:00 PM ET CLOSE
Christmas Eve Day	Thursday	December 23, 2021	OPEN	OPEN	REC. 2:00 PM ET CLOSE
Christmas Day	Friday	December 24, 2021	CLOSED	CLOSED	REC. CLOSE
New Year's Eve Day	Friday	December 31, 2021	OPEN	OPEN	REC. 2:00 PM ET CLOSE
New Year's Day	Saturday	January 1, 2022	CLOSED	CLOSED	REC. CLOSE

 

April as unemployment rate jumps to 14.7%

In all, the rolls of the unemployed surged to 23.1 million, a jump of 15.9 million over March as governments across the country placed stringent restrictions on what businesses could be open. Multiple states are beginning to relax those rules, but about 60% of the economy remains under stay-at-home orders.

However, it’s not clear if the April numbers fully accounted for those classified as unemployed. In a note accompanying the tally released Friday, the Bureau of Labor Statistics said those people not at work because they were sick should have been counted as unemployed, though it “is apparent that not all  such workers were so classified.”

“The US economy has paid a heavy toll for the efforts to contain the coronavirus, said Seema Shah, chief strategist at Principal Global Investors. ”“Not only do the payroll numbers clearly set out the magnitude of the economic devastation that had already been trailed by incoming economic data in recent weeks, but it weighs heavily on expectations for the recovery.”

The unprecedented jump in joblessness came largely due to part-time layoffs. Those who said they lost their jobs temporarily surged tenfold to 18.1 million, while those reporting permanent losses more than tripled, from 544,000 to 2 million.

Full-time workers fell by 15 million for the month while part-timers plunged by 7.4 million.

As expected, the biggest hit was to the leisure and hospitality industry, which lost 7.7 million workers, 5.5 million of whom came from eating and drinking establishments.

Education and health services lost 2.5 million, while professional and business services as well as retail both saw 2.1 million workers lose their jobs. The overall unemployment rate for service occupations ballooned from 4% in March to 27.1%.

Manufacturing and “other services” dropped by 1.1 million apiece and government fell by 980,000. Construction dropped 975,000 and transportation and warehousing fell by 584,000.

Average hourly earnings jumped nearly 5% from a year ago, also easily a new record but more reflective of the balance of job losses coming from lower-wage occupations, thus skewing the data. The worst of it was felt by women and minorities. The female jobless rate jumped from 3.6% to 15%; the Latino rate soared from 6% to 18.9%, the African American rate went from 6.7% to 16.7% while Asian American unemployment went from 4.1% to 14.5%.

The total employment level of 133.4 million fell to its lowest since June 1999.

A record 20.5 million jobs were lost in April

A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%

https://www.cnbc.com/2020/05/08/jobs-report-april-2020.html

History of Federal Minimum Wage Rates Under the Fair Labor Standards Act, 1938 - 2009

Minimum hourly wage of workers in jobs first covered by

Effective Date	1938 Act 1	1961 Amendments 2	1966 and Subsequent Amendments 3
Oct 24, 1938	$0.25
Oct 24, 1939	$0.30
Oct 24, 1945	$0.40
Jan 25, 1950	$0.75
Mar 1, 1956	$1.00
Sep 3, 1961	$1.15	$1.00
Sep 3, 1963	$1.25
Sep 3, 1964		$1.15
Sep 3, 1965		$1.25
Feb 1, 1967	$1.40	$1.40	Nonfarm - $1.00, Farm - $1.00
Feb 1, 1968	$1.60	$1.60	Nonfarm - $1.15, Farm - $1.15
Feb 1, 1969			Nonfarm - $1.30, Farm - $1.30
Feb 1, 1970			Nonfarm - $1.00
Feb 1, 1971			Nonfarm - $1.60
May 1, 1974	$2.00	$2.00	Nonfarm - $1.90, Farm - $1.60
Jan. 1, 1975	$2.10	$2.10	Nonfarm - $2.00, Farm - $1.80
Jan 1, 1976	$2.30	$2.30	Nonfarm - $2.20, Farm - $2.00
Jan 1, 1977			Nonfarm - $2.30, Farm - $2.20
Jan 1, 1978	$2.65 for all covered, nonexempt workers	$2.65 for all covered, nonexempt workers	$2.65 for all covered, nonexempt workers
Jan 1, 1979	$2.90 for all covered, nonexempt workers	$2.90 for all covered, nonexempt workers	$2.90 for all covered, nonexempt workers
Jan 1, 1980	$3.10 for all covered, nonexempt workers	$3.10 for all covered, nonexempt workers	$3.10 for all covered, nonexempt workers
Jan 1, 1981	$3.35 for all covered, nonexempt workers	$3.35 for all covered, nonexempt workers	$3.35 for all covered, nonexempt workers
Apr 1, 1990 4	$3.80 for all covered, nonexempt workers	$3.80 for all covered, nonexempt workers	$3.80 for all covered, nonexempt workers
Apr 1, 1991	$4.25 for all covered, nonexempt workers	$4.25 for all covered, nonexempt workers	$4.25 for all covered, nonexempt workers
Oct 1, 1996	$4.75 for all covered, nonexempt workers	$4.75 for all covered, nonexempt workers	$4.75 for all covered, nonexempt workers
Sep 1, 1997 5	$5.15 for all covered, nonexempt workers	$5.15 for all covered, nonexempt workers	$5.15 for all covered, nonexempt workers
Jul 24, 2007	$5.85 for all covered, nonexempt workers	$5.85 for all covered, nonexempt workers	$5.85 for all covered, nonexempt workers
Jul 24, 2008	$6.55 for all covered, nonexempt workers	$6.55 for all covered, nonexempt workers	$6.55 for all covered, nonexempt workers
Jul 24, 2009	$7.25 for all covered, nonexempt workers	$7.25 for all covered, nonexempt workers	$7.25 for all covered, nonexempt workers

Tesla Stock Is Soaring After Its Earnings Revealed a Surprise Profit

Tesla’s new car factory in Shanghai.

(Barcroft Media / Getty Images)

Delayed quote

$441.91

Tesla Inc. said it delivered 367,500 vehicles in 2019, achieving the sales forecast issued by Chief Executive Elon Musk and propelling its stock to a new record high.

The Silicon Valley automaker finished 2019 on an upswing. Last year it opened a new manufacturing plant in China, scored a rare profit in the third quarter, and saw its stock price soar to record highs.

Tesla needed to deliver 104,000 vehicles in the fourth quarter to meet Musk’s 2019 forecast of between 360,000 and 400,000 vehicles.

Tesla delivered 112,000 vehicles in the fourth quarter. Of those, 92,550 were Model 3s, a growth rate of 16.3% over the previous quarter and 46% above the fourth quarter of 2018. The more expensive and aging Model S sedan and Model X SUV models saw a combined 19,450 deliveries for the quarter. That’s 11.8% higher than the previous quarter, but 37% below the fourth quarter of 2018.

https://www.latimes.com/business/autos/story/2020-01-03/tesla-fourth-quarter-deliveries-model-3

https://www.marketwatch.com/investing/stock/tsla

History of Federal Minimum Wage Graph

Minimum wage by U.S. state and U.S. territory (American Samoa, Guam, Puerto Rico, Virgin Islands), as of Jan. 1, 2013.

States with minimum wage rates higher than the federal rate

States and territories with minimum wage rates the same as the federal rate

States with no state minimum wage law

States and territories with minimum wage rates lower than the federal rate

Territory with varied minimum wage rates lower than the federal rate

The manufacturing sector saw an acceleration in February 2013

WASHINGTON (MarketWatch) — The manufacturing sector saw an acceleration in February to the best level in close to two years, according to a survey released Friday that points to a business sector not afraid Washington will step on its toes.

The Institute for Supply Management’s manufacturing index climbed 1.1 points to 54.2%, coming in ahead of the 52.5% forecast in a MarketWatch-compiled economist poll and reaching the best level since June 2011. ISM reported that 15 out of the 18 industries it follows reported growth.

“This appears to be yet another indicator reflecting a pickup in business activity following January’s ‘fiscal cliff’ relief,” said Steven Wieting of Citigroup in a note to clients.

U.S. stocks /quotes/zigman/3870025 SPX +0.23% were trading lower on the session, though the ISM data helped moved markets off their worst levels.

See: Stocks moderate drop after manufacturing data

http://www.marketwatch.com/story/manufacturing-sector-revs-up-in-february-2013-03-01