Is the Stock Market Open or Closed on Christmas Eve?
The stock market observes shorter hours on Dec. 24 or Christmas Eve. Also, the stock market isn’t open on Christmas Day. Here's what investors can expect.
Dec. 23 2021, Updated 8:57 a.m. ET
The stock market doesn’t operate seven days a week, 24 hours a day. The NYSE and the Nasdaq exchanges are closed on various days every year. Many investors wonder if the stock market will be open as usual on Christmas Eve and the answer is no.
Although the stock market is open on Christmas Eve most years, the hours are reduced. What can investors expect from major stock exchanges over the holidays? What are the stock market holidays each year? It's important to note that holidays sometimes fall on weekends, in which case, the holiday will be observed on the closest weekday (Friday or Monday).
Is the stock market open on Christmas Eve?
The stock market will open at the normal time on Christmas Eve, but the trading day will be shorter. The stock market will close early at 1:00 p.m. ET on Dec. 24. The normal trading hours for the Nasdaq and the NYSE are 9:30 a.m. to 4:00 p.m. ET on weekdays.
The U.S. bond market will be open on Christmas Eve, but it will close early at 2:00 p.m. ET. Currency markets might also be open on Dec. 24 for reduced hours, but this is subject to change.
Is the stock market open on Christmas Day?
The U.S. stock market will be closed on Dec. 25 in observance of Christmas Day. The bond market will also be closed. Normal trading hours will resume on the first weekday after Christmas.
Major global markets will be closed on Dec. 25 for Christmas. The London Stock Exchange closes at 7:30 a.m. ET (12:30 p.m. UTC) on Christmas Eve, while the Toronto Stock Exchange shuts down at 1:00 p.m. ET. Both exchanges are closed on Christmas Day and they also observe Boxing Day. In contrast, the Shanghai Stock Exchange will remain open throughout the holiday.
What are the stock market holidays each year?
The NYSE lists nine major holidays when the stock market will be closed throughout the year:
- New Years Day
- Martin Luther King, Jr. Day
- Washington’s Birthday
- Good Friday
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Christmas Day
Generally, whenever a holiday falls on a Saturday, the stock market will be closed on the Friday before that weekend. If the holiday falls on a Sunday, the stock market will be closed on the subsequent Monday to observe the holiday. Investors should plan ahead by checking specific holiday dates and stock market schedules.
Keep in mind that the stock market is open on some federal, banking, and religious holidays. For example, the markets will remain open on Veterans Day.