Thursday, December 24 is Christmas Eve. While it’s not a federal holiday, it isn’t uncommon for some organizations to close, giving their employees more time to spend with their families. If you were hoping to handle some stock market trades on Christmas Eve, you might be wondering if the New York Stock Exchange or NASDAQ are open. If that’s the case, here’s what you need to know.
Is the Stock Market Closed on Christmas Eve?
No, the stock market is not closed on Christmas Eve. However, both the NYSE and the NASDAQ do shut down early on December 24. They are set to close at 1:00 pm EST instead. That means the core session, which typically runs until 4:00 pm EST, will be cut short.
Stock Market Christmas Week Schedule
If you want to get some trading done during the week of Christmas, you’re in luck. You’ll have plenty of opportunities, as long as you plan around the stock market’s schedule.
Here’s a look at the stock market core trading session opening and closing times during the week of Christmas:
- Monday, December 21 – 9:30 am to 4:00 pm EST
- Tuesday, December 22 – 9:30 am to 4:00 pm EST
- Wednesday, December 23 – 9:30 am to 4:00 pm EST
- Thursday, December 24 – 9:30 am to 1:00 pm EST
- Friday, December 25 – Closed for Christmas
Per usual, the stock market is closed on Saturdays and Sundays. If you need to complete trades before Christmas, you’ll need to wrap it up before 1:00 pm EST on December 24. Otherwise, you’ll have to wait until the market reopens on Monday, December 27, or take advantage of after-hours trading options that don’t rely on the stock exchanges.
Are International Stock Markets Closed on Christmas Eve?
When it comes to international markets, some are open on Christmas Eve while others aren’t. For instance, the Australian, Frankfurt, Tokyo, and Toronto (as well as some others) are open, though they may have an earlier closure. On the other hand, the Sao Paulo Brazil, Milan, and Frankfurt Stock Exchanges are closed on Christmas Eve.
If you dabble in the international markets, you’ll want to look at that markets holiday schedule before the holiday. That way, you’ll know if you can execute trades on Christmas Eve or if you’ll have to wait.
Is the Bond Market Closed on Christmas Eve?
No, the bond market will not be closed on Christmas Eve. However, like the stock markets, it is scheduled to close earlier than usual. The trading session will end at 2:00 pm instead of the typical time.
Additionally, the bond market closes on Christmas, just like the stock markets. However, the bond market does maintain its usual operating schedule from Monday, December 21 through Wednesday, December 23, so you do have a decent amount of time during Christmas week to handle your transactions.
Do you wish that the Stock Market was open all day on Christmas Eve instead of closed early? Why or why not? Share your thoughts in the comments below.
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- 2020 Federal Holiday Schedule
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