Is the Stock Market Open on New Year's?
Market participants get to enjoy an extended weekend ringing in the new year with family and friends this year.
Is the stock market open on New Year's Eve and New Year's Day? This year, the answer to that question is no. That's because New Year's Eve falls on a Sunday this year, while New Year's Day is always a stock market holiday.
Typically, the stock market is open on December 31 if it falls on a weekday and is closed on January 1.
Bond traders will get even more time off to celebrate. That's because the bond market will not only be closed on Monday, January 1, for New Year's Day, but it will also close early on Friday, December 29, 2023, at 2 pm Eastern time.
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For those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) run from 9:30 am to 4:00 pm Eastern time Monday through Friday.
Are banks open on New Year's Eve in 2023? The answer to that question is no. Banks will not be open on New Year's Eve because it falls on a Sunday in 2023, and most banks are generally closed on Sundays. However, like the stock and bond markets, banks will also be closed on Monday, January 1, in observance of the New Year's Day holiday.
Below, we feature a full schedule of all stock market and bond market holidays for 2024. Please note that the list of stock market holidays actually grew by one day in 2022. That's because Congress voted in 2021 to make Juneteenth – the June 19 holiday commemorating the end of slavery – the 12th federal holiday. When President Joe Biden signed the bill, Juneteenth became the first new federal holiday since Martin Luther King, Jr. Day, which was signed into law in 1983 by then President Ronald Reagan.
Stock market holidays in 2024
Date | Holiday | NYSE | Nasdaq |
---|---|---|---|
Monday, January 1 | New Year's Day | Closed | Closed |
Monday, January 15 | Martin Luther King, Jr. Day | Closed | Closed |
Monday, February 19 | Presidents' Day/Washington's Birthday | Closed | Closed |
Thursday, March 28 | Maundy Thursday | Open | Open |
Friday, March 29 | Good Friday | Closed | Closed |
Friday, May 24 | Friday Before Memorial Day | Open | Open |
Monday, May 27 | Memorial Day | Closed | Closed |
Wednesday, June 19 | Juneteenth National Independence Day | Closed | Closed |
Wednesday, July 3 | Monday Before Independence Day | Early close (1 pm) | Early close (1 pm) |
Thursday, July 4 | Independence Day | Closed | Closed |
Monday, September 2 | Labor Day | Closed | Closed |
Monday, October 14 | Columbus Day/Indigenous Peoples' Day | Open | Open |
Monday, November 11 | Veterans Day | Open | Open |
Thursday, November 28 | Thanksgiving Day | Closed | Closed |
Friday, November 29 | Day After Thanksgiving/Black Friday | Early close (1 pm) | Early close (1 pm) |
Thursday, December 24 | Christmas Eve | Early close (1 pm) | Early close (1 pm) |
Wednesday, December 25 | Christmas Day | Closed | Closed |
Tuesday, December 31 | New Year's Eve | Open | Open |
Bond market holidays in 2024
Date | Holiday | Bond Markets* |
---|---|---|
Monday, January 1 | New Year's Day | Closed |
Monday, January 15 | Martin Luther King, Jr. Day | Closed |
Monday, February 19 | Presidents' Day/Washington's Birthday | Closed |
Thursday, March 28 | Maundy Thursday | Early close (2 pm) |
Friday, March 29 | Good Friday | Closed |
Friday, May 24 | Friday Before Memorial Day | Early close (2 pm) |
Monday, May 27 | Memorial Day | Closed |
Wednesday, June 19 | Juneteenth National Independence Day | Closed |
Wednesday, July 3 | Monday Before Independence Day | Early close (2 pm) |
Thursday, July 4 | Independence Day | Closed |
Monday, September 2 | Labor Day | Closed |
Monday, October 14 | Columbus Day/Indigenous Peoples' Day | Closed |
Monday, November 11 | Veterans Day | Closed |
Thursday, November 28 | Thanksgiving Day | Closed |
Friday, November 29 | Day After Thanksgiving/Black Friday | Early close (2 pm) |
Thursday, December 24 | Christmas Eve | Early close (2 pm) |
Wednesday, December 25 | Christmas Day | Closed |
Tuesday, December 31 | New Year's Eve | Early close (2 pm) |
* This is the recommended stock and bond market holiday schedule from the New York Stock Exchange (NYSE) and SIFMA, the Securities Industry and Financial Markets Association. 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.
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