US STOCK MARKET HOLIDAYS IN 2023

Investors are cautiously optimistic about the stock market in 2023, following a challenging year. Despite the fact that there are two holidays in the next seven weeks, there is a good chance that the new business year will be a success. Although Martin Luther King Jr. Day was on January 16, the US stock and bond markets were still shut because it was a holiday. Hence, study this list of NYSE stock market holidays in 2023 to decide whether the market will be open on days such as Good Friday, Easter, Christmas, and Memorial Day.

Overview

A market holiday is any day other than a weekend when the New York Stock Exchange, Nasdaq, and bond markets are closed. Typically, this is a winter or autumn celebration such as Christmas or Thanksgiving. While stock markets are typically open on holidays, bond markets may be closed or have delayed openings. However, the market will be closed the Friday before a holiday that falls on a Saturday. When a holiday falls on a Sunday, stores usually remain shut until the following Monday. Weekday trading hours for both the NYSE and Nasdaq are 9:30 a.m. to 4:00 p.m. ET. The majority of marketplaces are closed on Saturdays and Sundays.

Now that winter has arrived, some traders and investors may be thinking ahead to the first few months of the new year and wondering which days would make the greatest long weekends. The following is a market holiday schedule for the stock, NYSE, and  bond markets in 2023.

Stock Market Holidays 2023

Here is a list of the stock market holidays in 2023:

Is Market Closed on Saturdays?

No, the regular business hours for both exchanges are Monday to Friday, 9:30 a.m.–4:00 p.m. Eastern Time (ET). Also, markets don’t function on weekends.

Also see: HOW DOES HOLIDAY PAY WORK: How to Get It and All You Need to Know

The New York Stock Exchange(NYSE)

The New York Stock Exchange (NYSE) is the most significant stock market in the world. As of 2020, the New York Stock Exchange (NYSE), which is on Wall Street in New York City, is home to more than 2,300 companies and trades more than $200 billion worth of stocks every day.

Furthermore, the Intercontinental Exchange owns the New York Stock Exchange (NYSE). It also owns and operates 11 other exchanges and six clearing houses. The Securities and Exchange Commission (SEC) keeps an eye on it. The main office of the New York Stock Exchange (NYSE) is in New York City, New York, which is in the United States. Among the seven markets in the United States are the Investors Exchange, the OTC Marketplaces Group, and the CBOE Stock Exchange Markets. Most people also call this exchange by its abbreviation, which is NYSE.

Even though there are other stock exchanges in the United States, the New York Stock Exchange (NYSE) is usually seen as the most reliable. For decades, the New York Stock Exchange (NYSE) has been and will continue to be an essential component of the financial markets across the world.

History of New York Stock Exchange ( NYSE)

The New York Stock Exchange was set up when the Buttonwood Agreement was signed in May 1792. Twenty-four stockbrokers in New York City agreed to the terms of the Buttonwood Agreement, which set up a standard way to buy and sell shares. The story took place in Buttonwood, which is also the name of a city.

As a result of this lack of knowledge, securities transactions were often handled by auctioneers instead of a central market. The New York Stock Exchange (NYSE) has grown and changed over 225 years since its inception in 1792 to become what it is today. In the first century, better ways to run the government were set up, and dishonest business practices were made against the law. It wasn’t until the invention of the telegraph in 1840 that New York and Philadelphia were able to integrate their economies. That is to say, businesses’ strategies have changed over time to take advantage of new ways to communicate and better meet the needs of a customer base that is always changing.

Furthermore, in 1934, Congress passed the Security Exchange Act, which resulted in the establishment of the Securities and Exchange Commission (SEC) as a regulatory body for the securities sector in the United States. Since their merger in 2006, the Archipelago Exchange and the New York Stock Exchange have been referred to jointly as “the Exchange” (which is named NYSE today). Also, after this deal was completed, the New York Stock Exchange (NYSE) was permitted to continue operating as a for-profit, publicly traded firm.

In addition, a number of the New York Stock Exchange’s (NYSE) subsidiaries have lately been bought by new corporations or merged with existing ones. Subsequently, the Intercontinental Exchange has finalized its purchase of the New York Stock Exchange (NYSE).

New York Stock Exchange( NYSE) Market Structure

XNYS is the MIC code that represents the New York Stock Exchange (NEW YORK STOCK EXCHANGE, INC.). An “Operating MIC” is the name given to this device. This indicates that the business in question is a parent company that oversees the operations of one or more “Segment MICs.” In otherwords, these markets or trading platforms are managed by different firms. Under the XNYS segment umbrella are ALDP (NYSE ALTERNEXT DARK), AMXO (NYSE AMEX OPTIONS), ARCD (ARCA DARK), ARCO (NYSE ARCA OPTIONS), ARCX (NYSE ARCA), and 7 more MICs.

It’s possible that every market will have its own trading schedule as well as its own hours of operation. Additionally, even within the same MIC sector, trading durations may differ for distinct goods, securities, or types of assets. This is because trading periods are determined by supply and demand.

New York Stock Exchange Trading Hours

The New York Stock Exchange’s trading hours are Monday–Friday, 9:30 a.m.–4:00 p.m. (GMT–05:00). In contrast to many other businesses, the New York Stock Exchange does not cut off trading during the day to eat. The New York Stock Exchange is open to traders for a full six hours and thirty minutes every day.

Also, on weekdays, the New York Stock Exchange is open at irregular hours. The Pre-Trading Session runs from four o’clock in the morning till nine thirty in the morning. There is also an “After-Hours” session immediately following regular trading hours, from 4:00 to 8:00.

New York Stock Exchange Timezone

The New York Stock Exchange operates in the America/New York time zone. People often refer to this time zone as “Eastern Standard Time.” EST is a common way to write it (Eastern Standard Time). The “America/New York” time zone observes daylight saving time, also known as DST. However, DST is not presently in effect.

In as much as the “America/New York” timezone uses Daylight Saving Time (DST). However, DST is not currently in effect.

NYSE Market Holidays

The market operates on two irregular schedules, or half days. All holiday information is obtained only from reliable sources. Hence, to be as accurate as possible, we check the NYSE market holidays for changes all the time.

Below are the ten NYSE market holidays in 2023.

Is the Stock Market Open Monday?

Yes, the New York Stock Exchange (NYSE) trades from 9:30 a.m. to 4:00 p.m. (Eastern) Monday through Friday.

Is the Stock Market Open on July 3rd?

On July 3, the stock market may be open for business as usual or it may be closed for part of the day. However, I f the Fourth of July falls on a Saturday, then trading will be suspended on the Wednesday before the holiday (Friday). In the event that July 4 falls on a Sunday, trading will be suspended on the following Monday, July 5th (Monday)Also
Also, if the Fourth of July falls on a weekday, the day before it will be observed as a holiday, and the day after it will be observed as a half-day.

Rules for NYSE Stock Market Holidays

A set of rules governs when financial markets can celebrate various holidays and when the stock market will be closed. These rules include:

• The day following thanksgiving is not a holiday that is recognized by the government. On the contrary, Wall Street follows a long-standing custom and shuts down at one in the afternoon on the Friday in question.
• Wall Street follows a long-standing custom and shuts down at one in the afternoon on the Friday in question.
• Independence Day, July 2, is not a federal holiday (July 4). Also, the stock market closes at 1 p.m. on weekdays.
• If a holiday that affects the stock market is on a Saturday, trading will end on the Friday before the holiday.
• When a holiday that has to do with the stock market falls on a Sunday, trading will have to stop until the next Monday.
• The third Monday of January is always Martin Luther King Jr. Day.
• On the third Monday of February, people celebrate George Washington’s birthday, which is also known as Presidents Day.
• The day known as “Good Friday” is the Friday that comes before Easter Sunday.
• Memorial Day is on the Monday after the last Monday of the month of May.
• Labor Day is a holiday that is always held on the first Monday of September.
• Thanksgiving takes place every year on the fourth Thursday of November.
• If Christmas Day comes during the week, the stock market will close at 1:00 PM Eastern on Christmas eve

Lastly

The stock market ignores most national, bank, and religious holidays. Columbus Day, Veterans Day, Election Day, Easter Monday, Rosh Hashanah, Yom Kippur, and Boxing Day will close the stock market. Other than holidays, severe weather, terrorism, technical issues with an exchange’s trading platform, and major security breaches can close the stock market.

What Do Investors Do During Stock Market Holidays?

During stock market or NYSE holidays, traders and investors have more time to consider their options. A user of a financial magazine can learn about recent events in the industry, such as insider transactions or promotional efforts. In addition, reading up on the most recent market news is a great way to get a feel for the situation. A dividend investing guide can also help a novice investor learn about companies to short, trading volumes, the most active stocks, and market liquidity. As a result of all this reflection, investors often come up with new ways to improve how they invest.

What are the Various U.S. Stock Exchanges?

The New York Stock Exchange (NYSE), the National Association of Securities Dealers Automated Quotation System (NASDAQ), and the American Stock Exchange are the three major stock exchanges (AMEX). Other stock exchanges include the Boston Stock Exchange (BSE), Chicago Board Options Exchange (CBOE), Chicago Board of Trade (CBOT), Chicago Mercantile Exchange (CME), Chicago Stock Exchange (CHX), International Securities Exchange (ISE), Miami Stock Exchange (MS4X), National Stock Exchange (NSX), and Philadelphia Stock Exchange (PSX) (PHLX).

Conclusion

I hope you found this article to be interesting and educational; please share your thoughts in the comments section.

References

• standard.com
• nyse.com
• investors.com
• tradinghours.com
• bankrate.com

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