is the stock market open on christmas eve

If you are active in the stock market you know how important it is to know when the market will be open or closed. Christmas Eve and Christmas Day are two days that can become kind of confusing when it comes to whether or not the stock market will be open. Is the stock market open on Christmas Eve?

Download a 2018 Stock Market holiday schedule.

Will the Stock Market be Open on Christmas Eve?

The “New York Stock Exchange,” also known as the stock market is open sporadically on holidays it seems. It is important to keep track of the stock market’s schedule if you trade in the market. What makes things a bit more confusing is that the NASDAQ and SIMFA (the bond market) have different schedules than the New York Stock Exchange. The stock market is not federally run, although it affects the nation and its finances greatly.

The stock market will not be open on Christmas Eve. This is because the holiday falls on a Sunday this year. Normally the market would be open until 1 p.m. on Christmas Eve, however, this year that is not the case. You will not be able to trade regularly, nor will you be able to see the rise and fall of your stocks if they are on the New York Stock Exchange (NYSE). Your NASDAQ and bond market investments may not be so readily available either.

Will NASDAQ be open?

NASDAQ will not be open on Christmas Eve. If you trade within the NASDAQ market, you will be unable to trade and monitor your stocks on Christmas Eve. Bonds may not be available to see any change in either.

Will the bond market be open?

The SIMFA market, or the bond market, will be closed on Christmas Eve. If you have stock in bonds, that market will be closed on Sunday, as usual.

In addition to being closed its regular days (Saturday and Sunday). The stock market will also be closed on Monday, December 25. This is because Christmas will be observed by federal establishments on the day after Christmas. Post offices, banks, and most federally-run businesses will be closed as well.

If you have business that needs to be done it should be taken care of before the close of the market on Friday or you should make sure you can wait until Tuesday, December 26 to do said business.

Bond market closings are not enforced, but they are recommended. Any days that are listed as “closed” for the United States bond market are not necessarily closed, but they may be. It is a good idea to keep up to date on closings in the bond markets if you have money in bonds.

The stock market is closed on the following holidays: New Year’s Day, Martin Luther King Jr. Day, Washington’s Birthday, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day. There are also a few days where the New York Stock Exchange has altered hours.

On Black Friday, the market is only open until 1 p.m. It follows the same hours on Christmas Eve (if it does not fall on the weekend like it does this year). The NASDAQ follows the same schedule as the New York Stock Exchange. Note that the early closing times are in Eastern Standard Time.

To be sure that you know when the stock market is open and closed, refer to the market’s schedule. Be sure that before a major holiday in which the market is closed that you get your urgent business done before the holiday.

You may also enjoy these helpful articles: 

• 2018 Post Office Holiday Schedule and Hours
• The Bank Holiday Schedule for 2018

Photo: reynermedia