Is the Stock Market Open on Christmas in 2023?

closeup of decorated christmas tree with poisettias and gold ornaments

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last updated 18 December 2023

Is the stock market open on Christmas Eve and Christmas? Normally, the answer to that question is no-ish. That's because Christmas Eve is typically an early closure day for Wall Street, while both the stock and bond markets are closed for the entirety of Christmas Day.

However, Christmas Eve falls on a Sunday in 2023, while Christmas Day is on Monday. So market participants will be completely off on both Christmas Eve and Christmas Day.

The stock market has built up impressive gains so far in December, aided in part by signs that inflation is easing and that the Federal Reserve is likely done raising interest rates and could be ready to start cutting them next year. As of this writing, the Nasdaq Composite is up 4.6% for the month-to-date, while the S&P 500 is 3.8% higher and the Dow Jones Industrial Average has added 3.9%.

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If history is any guide, stocks could continue this momentum into year's end. According the the Stock Trader's Almanac, the so-called Santa Claus Rally, which typically occurs during the last five trading days of the year and the first two trading days of the new year, has occurred 58 times since 1950, resulting in a 1.4% return for the S&P 500.

Are banks open on Christmas? The answer to that question is no. Christmas Day is one of several bank holidays in 2023, so banks will not be open.

Below, we feature a full schedule of all stock market holidays and bond market holidays for 2023.

2023 Market Holidays

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Date	Holiday	NYSE	Nasdaq	Bond Markets*
Monday, January 2	New Year's Day (Observed)	Closed	Closed	Closed
Monday, January 16	Martin Luther King, Jr. Day	Closed	Closed	Closed
Monday, February 20	Presidents' Day/Washington's Birthday	Closed	Closed	Closed
Thursday, April 6	Maundy Thursday	Open	Open	Early close (2 p.m.)
Friday, April 7	Good Friday	Closed	Closed	Closed
Friday, May 26	Friday Before Memorial Day	Open	Open	Early close (2 p.m.)
Monday, May 29	Memorial Day	Closed	Closed	Closed
Monday, June 19	Juneteenth National Independence Day	Closed	Closed	Closed
Monday, July 3	Monday Before Independence Day	Early close (1 p.m.)	Early close (1 p.m.)	Early close (2 p.m.)
Tuesday, July 4	Independence Day	Closed	Closed	Closed
Monday, September 4	Labor Day	Closed	Closed	Closed
Monday, October 9	Columbus Day	Open	Open	Closed
Friday, November 10	Veterans Day (Observed)	Open	Open	Open
Thursday, November 23	Thanksgiving Day	Closed	Closed	Closed
Friday, November 24	Day After Thanksgiving	Early close (1 p.m.)	Early close (1 p.m.)	Early close (2 p.m.)
Monday, December 25	Christmas Day	Closed	Closed	Closed

* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.

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With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.