It was officially recognized as a federal holiday in 1938 and became known as Veterans Day in 1954. Veterans Day is celebrated on Nov. 11—the day the armistice ending World War I was signed—every year, regardless of what day it falls on.

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

On Veterans Day, you can expect most big retailers to remain open, but get your banking done, and your mail sent, before November 11, as those buildings will be closed.