The holiday dates back to Nov. 11, 1918, the official end of World War I, when an armistice between the Allied nations and Germany began at the 11th hour of the 11th day of the 11th month, according to the U.S. Department of State. Veterans Affairs.

The purpose of the day is to be a “celebration to honor America’s veterans for their patriotism, love of country, and willingness to serve and sacrifice for the greater good,” the Department of Veterans Affairs says on his website with an explanation of the holiday.

Because Veterans Day is a federal holiday, some businesses and services may be closed. Here’s what you need to know about the stock market and whether or not it’s open on Veterans Day.

Is the fair open on Veterans Day?

Even though Veterans Day is a federal holiday, both the New York Stock Exchange and Nasdaq will operate their normal hours on Monday, according to the Securities Industry and Financial Markets Association.