Martin Luther King Day has arrived. The U.S. market is closed on Monday, Jan.16, 2023. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.
Background
Martin Luther King Day, or Martin Luther King Jr. Day, is observed on the third Monday of January every year.
Martin Luther King Day is held in honor of Martin Luther King Jr., the famous civil rights leader who was born in 1929.
He organized the popular march on Washington for jobs and freedom to highlight the daily struggles of African Americans in 1963 with the support of various civil rights and religious groups.
Almost over 25,000 people took part in this protest and it ended at the Lincoln Memorial where the crowd gathered to listen to MLK's "I Have A Dream" speech that influences peace and equality. MLK's "I Have A Dream" speech that influences peace and equality.
It contributed to the passing of the Civil Rights Act of 1964, outlawing discrimination based on color, religion, sex, or national origin.
He was also the youngest person to receive the Noble Peace Prize in 1964.