This year, Christmas will be celebrated on December 25, 2023. But what impact does Christmas or Christmas Eve have on the stock market? Let’s find out…
Is the Stock Market Open on Christmas Eve?
Christmas is a U.S. stock market holiday, meaning the Nasdaq and the New York Stock Exchange (NYSE) are closed but not on Christmas Eve. It also means that when the market closes this year on Friday, December 22, at 4 p.m. Eastern, it will not reopen until 9:30 a.m. Eastern on Tuesday, December 26. In other words, the stock market will not be open this year on Christmas Eve because it falls on a weekend.
This trading holiday allows Americans to enjoy the winter holidays and spend time with family and friends.
Can You Still Trade Stocks on Christmas?
Christmas Eve and the following day, Monday, December 25, 2023, have no active trading hours.
Is Christmas a Federal Holiday?
Christmas is a federal holiday in the United States, meaning all non-essential federal government offices, including federal banks and post offices, will be closed. Christmas is also a Federal Reserve Bank Holiday in the United States, so commercial banks and other financial institutions will likely be closed or have very limited hours. On December 25, 2023, the US Bond Market will also be closed.
What Are Stock Market Holidays?
A market holiday is any non-weekend day on which the New York Stock Exchange, Nasdaq, or bond markets are closed. That holiday is usually something like Thanksgiving or Christmas.
The stock markets remain open on some holidays or days close to them, while the bond markets close or close early. Markets sometimes close for national days of mourning, as the New York Stock Exchange and Nasdaq did in 2018 to honour the late President George H.W. Bush.
If a given holiday falls on a Saturday, the Friday preceding it becomes a stock market holiday. Similarly, markets typically close the following Monday if the holiday falls on a Sunday.
Monday through Friday, 9:30 a.m. to 4:00 p.m. ET for the New York Stock Exchange and the Nasdaq. On weekends, the markets are closed.
Stock Market Holidays 2023
The following are the stock market holidays in 2023, when the NYSE, Nasdaq, and bond markets will be completely closed:
- Martin Luther King Jr. Day: January 16th
- President’s Day: February 20th
- Good Friday: April 7th.
- Memorial Day: May 29.
- Juneteenth: June 19th.
- Independence Day: July 4th.
- Labor Day: September 4th.
- Thanksgiving Day: November 23rd.
- Christmas Day: December 25.
The partial market closures for 2023 are listed below.
Is The Stock Market Open On New Year’s Day 2023?
The first day of the year in 2023 is a Sunday. The stock market will be closed on Monday, January 2, to observe the holiday.
Is The Stock Market Open The Thursday Before Good Friday?
The stock market was open for business on April 6, Maundy Thursday in 2023. Bond markets close at 2:00 p.m.
Is the Stock Market Open on Memorial Day?
On the Friday before Memorial Day, the stock market is open. However, the bond markets close at 2 p.m.
Is The Stock Market Open On July 3?
The stock market in the United States will open on July 3 but close early, at 1 p.m. ET. Bond markets will close at 2 p.m.
Is The Stock Market Open On Columbus Day?
Yes. The NYSE and Nasdaq are open on Columbus Day/Indigenous Peoples Day, which falls on October 9, 2023.
And the bond markets? It was closed on that day.
Is The Stock Market Open On Veterans Day?
The bond markets, NYSE, and Nasdaq will be open on Friday, November 10, ahead of the Veterans Day holiday on November 11. In 2022, bond traders were given the day off. According to Securities Industry and Financial Markets Association recommendations, the bond markets will be closed again for Veterans Day next year.
Is The Stock Market Open On Black Friday?
The stock markets close early on Black Friday, the day after Thanksgiving, at 1 p.m. ET. In 2023, Black Friday falls on November 24. At 2 p.m., the bond markets close.
What is Christmas?
Christmas is a holiday celebrated on December 25 each year to commemorate the birth of Jesus Christ, the primary religious leader and “Son of God” figure in the Christian religion. Every year, billions of people around the world celebrate Christmas, primarily as a religious holiday, but it is also widely celebrated culturally by many non-Christians. It is an important part of the winter holiday season, along with Hanukkah, Kwanzaa, and New Year’s Eve.
Christmas is traditionally observed by erecting and decorating a Christmas tree (usually a fir or pine), preparing a special meal or large feast, gift-giving, attending Church services, and spending time with family and friends.
Santa Claus, also known as Father Christmas or Saint Nicholas, is often depicted bringing gifts to children the night before Christmas. Because gift-giving is so intrinsic to the holiday, the Christmas season is also associated with increased economic activity as retail and consumer product sales skyrocket.
Interesting Facts: Christmas
Throughout the United States, many communities hold Santa Claus parades to welcome the Christmas holiday. This has been going on for years throughout the United States, but the longest-running Santa Claus parade takes place in Peoria, Illinois. The Peoria Santa Claus parade has taken place every holiday season for the last 135 years, beginning in 1888.
When do the stock exchanges close?
The following stock market holiday in the United States will be New Year’s Day on Monday, January 1, 2024. Every year, the United States Stock Exchange observes nine holidays and one early close: New Year’s Day, Martin Luther King, Jr. Day, President’s Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labor Day, and Thanksgiving (with an early close at 1 pm EST the following day, also known as Black Friday), and Christmas Day.
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Is the Stock Market Open on Christmas Eve: References
