Introduction Shortly after the New Year’s Eve celebrations wrap up, Americans prepare for the first major long weekend of the year. Martin Luther King Jr. Day is a time to honor the civil rights leader’s legacy, often observed as a national day of service.
Because it falls in mid-January, many people are unsure about the exact date and which businesses actually close. In this guide, we confirm the date for MLK Day 2026, the stock market schedule, and what you can expect regarding bank and store hours.
When is MLK Day 2026?
Martin Luther King Jr. Day is always observed on the third Monday of January.
- MLK Day 2026: Monday, January 19, 2026
- The Weekend: Saturday, January 17 – Monday, January 19, 2026
Is MLK Day a Federal Holiday?
YES. Martin Luther King Jr. Day is an official US Federal Holiday. Because it is a federal holiday, you can expect the following closures on Monday, January 19th:
- Government Offices: Closed (including city halls, courts, and the DMV).
- Mail: The USPS will not deliver regular mail.
- Schools: Public schools and most universities will be closed.
For a complete list of government closures this year, check out our full US Holidays 2026 Calendar.
Are Banks and the Stock Market Open?
If you need to make a major financial transaction, plan ahead.
- The Stock Market: CLOSED. The New York Stock Exchange (NYSE) and Nasdaq fully observe MLK Day. Trading will pause for the long weekend and resume on Tuesday, January 20, 2026.
- Banks: CLOSED. The Federal Reserve is closed, meaning all major banks (Chase, Bank of America, Wells Fargo, Citi) will lock their doors for the day. ATMs and online banking will still be available.
Shopping: What Stores Are Open on MLK Day 2026?
While banks and schools shut down, the retail world stays fully operational. In fact, MLK Day weekend is famous for massive “White Sale” events (discounts on bedding and bath items) and winter clothing clearances.
✅ Stores OPEN on MLK Day:
- Walmart & Target: Open (Standard operating hours).
- Costco & Sam’s Club: Open (Unlike some other holidays, warehouse clubs remain open on MLK Day).
- Home Improvement: Home Depot and Lowe’s are open.
- Grocery Stores: Kroger, Publix, Whole Foods, and Trader Joe’s are all open.
- Pharmacies: CVS and Walgreens are open.
Conclusion
Mark your calendars for Monday, January 19, 2026. Enjoy the long weekend, take part in local community service events, and make sure your banking is finished by the previous Friday!