Markets

Is the Stock Market Open on Election Day 2020?

While Wall Street will certainly play second fiddle to the voting booth Tuesday, Election Day is not a holiday, for the stock market and for most Americans.

Election Day – Tuesday, Nov. 3 – is sure to keep news-watchers plenty occupied. But everyone, and especially investors, should keep an eye on the stock market, which is indeed open for a full day of trading.

Given recent volatility leading up to the election, it could be a wild one.

"Overall, we believe it is highly likely for volatility to remain with us up to and past the election this coming Tuesday, as multiple macro triggers remain overhead," writes Dan Wantrobski, technical strategist and associate director of research at Janney Montgomery Scott.

But perhaps, if there's a clean result, we'll be through the worst of the market roller coaster. 

"We found that elections had their greatest impact on equity markets when Election Day was imminent – in the final two to four weeks," writes Chao Ma, global portfolio and investment strategist with the Wells Fargo Investment Institute.

And, of course, don't forget to vote. You can check out Ballotpedia to find your state's poll opening and closing times.

The following is a schedule of all stock market and bond market holidays for 2020.

2020 Market Holidays

DateHolidayNYSENasdaqBond Markets
Wednesday, Jan. 1New Year's DayClosedClosedClosed
Monday, Jan. 20Martin Luther King Jr. DayClosedClosedClosed
Monday, Feb. 17Presidents' Day/Washington's BirthdayClosedClosedClosed
Thursday, April 9Maundy ThursdayOpenOpenEarly close
(2 p.m.)
Friday, April 10Good FridayClosedClosedClosed
Friday, May 22Friday Before Memorial DayOpenOpenEarly close
(2 p.m.)
Monday, May 25Memorial DayClosedClosedClosed
Thursday, July 2Day Before Independence DayOpenOpenEarly close
(2 p.m.)
Friday, July 3Independence Day (Observed)ClosedClosedClosed
Monday, Sept. 7Labor DayClosedClosedClosed
Monday, Oct. 12Columbus DayOpenOpenClosed
Wednesday, Nov. 11Veterans DayOpenOpenClosed
Thursday, Nov. 26Thanksgiving DayClosedClosedClosed
Friday, Nov. 27Day After ThanksgivingEarly close
(1 p.m.)
Early close
(1 p.m.)
Early close
(2 p.m.)
Thursday, Dec. 24Christmas EveEarly close
(1 p.m.)
Early close
(1 p.m.)
Early close
(2 p.m.)
Friday, Dec. 25Christmas DayClosedClosedClosed
Thursday, Dec. 31New Year's EveOpenOpenEarly close
(2 p.m.)
Friday, Jan. 1, 2021New Year's DayClosedClosedClosed

Stock Market Holiday Observations

When it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:

  • If the holiday falls on a Saturday, the market will close on the preceding Friday.
  • If the holiday falls on a Sunday, the market will close on the subsequent Monday.

Stock and Bond Market Hours

The "core trading" stock market hours for the NYSE and Nasdaq are 9:30 a.m. to 4 p.m. on weekdays. However, both exchanges offer premarket trading hours between 4 and 9:30 a.m., as well as late trading hours between 4 and 8 p.m.

Bond markets typically trade between 8 a.m. and 5 p.m.

The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.

Most Popular

Tax Wrinkles for Work-at-Home Employees During COVID-19
taxes

Tax Wrinkles for Work-at-Home Employees During COVID-19

Are your home office expenses deductible? How does going out of state to work for a while affect your tax picture? There are some interesting wrinkles…
November 9, 2020
Retirement: It All Starts with a Budget
personal finance

Retirement: It All Starts with a Budget

When you’re meeting with your financial planner, do you talk about your budget? If not, you should.
November 10, 2020
Will Joe Biden Raise YOUR Taxes?
taxes

Will Joe Biden Raise YOUR Taxes?

During the campaign, Joe Biden promised that he would raise taxes for some people. Will you be one of them?
November 10, 2020

Recommended

Stock Market Today 11/23/20: Stocks Start Another Week With a Vaccine Bump 
stocks

Stock Market Today 11/23/20: Stocks Start Another Week With a Vaccine Bump 

Equities rallied Monday after data showed high efficacy for an AstraZeneca (AZN) vaccine that could be more easily distributed than its peers.
November 23, 2020
How to Vote for Social Change with Your Investments
investing

How to Vote for Social Change with Your Investments

Want to invest your money in companies that care about climate change, racial equity or other issues important to you? Consider “Socially Responsible …
November 23, 2020
Stock Market Today 11/20/20: Market Slips as Federal Reserve, Treasury Squabble
stocks

Stock Market Today 11/20/20: Market Slips as Federal Reserve, Treasury Squabble

The Treasury said late Thursday that it would let some emergency lending programs end, provoking a response from the Fed and disquieting investors Fri…
November 20, 2020
Have Equity Compensation? Strategies to Handle Stock Market Volatility
Employee Benefits

Have Equity Compensation? Strategies to Handle Stock Market Volatility

The stock market can be volatile, as we’ve all seen recently. To make the most of your equity compensation and manage your income tax bill at the sam…
November 20, 2020