Monday will be an especially noteworthy day on America’s calendar — and it’s one that will be marked by various closings, including that of financial markets. For starters, it’s Martin Luther King Jr.

Major stock and bond markets will close on Monday in observance of Martin Luther King Jr. Day. Monday will also bring a presidential inauguration.

Apart from the USA, Martin Luther King Jr. Day is celebrated in other countries, such as Canada, Israel, and the Netherlands.

Monday, January 20, commemorates the birthday of the Rev. Martin Luther King Jr. This year, the holiday coincides with President-elect Donald Trump’s inauguration, though the majority of business closures will be for MLK Day.

As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,

Here's what you need to know about whether U.S. stock markets will be open on Martin Luther King Jr., Day this year.