2025 US Stock Market Holiday Schedule: Including Special Arrangements for Thanksgiving and Christmas

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For global investors, mastering accurate US stock market hours is crucial. To help traders plan ahead, the following table provides a detailed summary of all 2025 US stock market closures and early close dates.

Tip: Early close days end at 1:00 PM Eastern Time (ET).

2025 US Stock Market Closures and Early Closes Overview

Key Takeaways

• In 2025, the US stock market has multiple full-day closures, including New Year’s Day, Martin Luther King Jr. Day, Presidents’ Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving, and Christmas.
• January 9, 2025, is a special closure day for the US stock market to mourn former President Jimmy Carter; investors need to pay special attention.
• The day after Thanksgiving (November 28), Christmas Eve (December 24), and the day before Independence Day (July 3) are early close days, with the market closing at 1:00 PM Eastern Time.
• Regular US stock market trading hours are Monday to Friday, 9:30 AM to 4:00 PM Eastern Time, but daylight saving time and standard time affect the time difference with Beijing time.
• Investors should mark these closure and early close dates on their trading calendars to plan trading strategies and fund management in advance.

Complete Overview of 2025 US Stock Market Closure Dates

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In addition to the overview table in the introduction, understanding the specific background and special arrangements for each closure day can help investors better plan trading. The following is a detailed list of all full-day closures in 2025.

• January 1 (Wednesday) - New Year’s Day: As the first day of the new year, the market is closed all day.
• January 20 (Monday) - Martin Luther King Jr. Day: Commemorating civil rights leader Martin Luther King Jr.'s birthday, full day closure.
• February 17 (Monday) - Presidents’ Day : Commemorating Washington’s birthday, the New York Stock Exchange (NYSE) and all US stock and bond markets will close for the day.
• April 18 (Friday) - Good Friday : An important religious holiday, the US stock market will close all day.
• May 26 (Monday) - Memorial Day: To honor U.S. service members who died in service, market closure.
• June 19 (Thursday) - Juneteenth : The New York Stock Exchange and Nasdaq will close on this day. Juneteenth became a federal holiday in 2021 and first became a market closure day in 2022.
• July 4 (Friday) - Independence Day: Celebrating U.S. independence, all financial markets including the New York Stock Exchange and New York Federal Reserve will close.
• September 1 (Monday) - Labor Day : Honoring workers’ contributions, full day market closure.
• November 27 (Thursday) - Thanksgiving : One of the most important traditional U.S. holidays, market closure.
• December 25 (Thursday) - Christmas : According to New York Stock Exchange regulations, the market will fully close on Christmas Day.

Special Closure Arrangement: Mourning Former President 2025 has a very special closure arrangement. January 9, 2025 (Thursday), the US stock market will close all day to mourn the passing of former President Jimmy Carter. Investors need special attention; this is a non-holiday special closure that may have unexpected impacts on trading plans.

Special Arrangements for Thanksgiving Week

Thanksgiving week has unique trading hours. The market closes all day on November 27 (Thursday) Thanksgiving.

The following November 28 (Friday), commonly known as “Black Friday,” the stock market does not trade all day. The New York Stock Exchange and Nasdaq will close early at 1:00 PM Eastern Time. Trading volume on this day is usually very light, one of the lowest volume periods of the year. Historical data shows that many market participants choose to take leave, leading to lower market liquidity. For example, since 1992, trading volume on the day after Thanksgiving has averaged about 50% lower.

Special Arrangements for Christmas Holiday

The Christmas holiday also affects US stock market hours. In addition to the full-day closure on December 25 (Thursday), the market will close early at 1:00 PM on December 24 (Wednesday) Christmas Eve.

It is worth noting that a market phenomenon known as the “Santa Claus Rally” often appears around Christmas. This period usually refers to the last five trading days of December and the first two of January. Historical data shows that the probability of market rises during these seven trading days is close to 80%. Since 1950, the S&P 500 has averaged about 1.3% returns during the “Santa Claus Rally”, outperforming December’s overall average.

Other Early Close Days

In addition to Thanksgiving and Christmas holidays, there is another early close day to note in 2025:

• July 3 (Thursday): As the day before Independence Day, the market will close early at 1:00 PM Eastern Time.

Additionally, investors should be aware of the market’s own circuit breaker mechanism. When extreme drops occur (e.g., S&P 500 drops 7% in a day), trading may be temporarily halted for 15 minutes or even end early in extreme cases. These rules aim to maintain market stability and prevent sharp price fluctuations.

US Stock Market Hours and Local Time Conversion

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For global investors in different time zones, accurately converting US stock market hours is key to successful trading. The following content details regular US stock market trading hours and provides a clear daylight saving time and standard time conversion guide.

Regular Open and Close Times

The major US stock exchanges, including the New York Stock Exchange (NYSE) and Nasdaq (NASDAQ), have unified regular trading sessions.

• Standard Trading Session: Monday to Friday, 9:30 AM to 4:00 PM Eastern Time.
• No Lunch Break: No midday break during trading days; the market remains open continuously for 6 hours and 30 minutes.

In addition to regular sessions, investors can trade in pre-market and after-hours sessions. Liquidity in these two sessions is usually lower, with potentially greater price volatility.

Daylight Saving Time and Standard Time Conversion Table

US stock market hours are affected by daylight saving time, directly changing the time difference with global time zones (such as Asia and Europe).

In 2025, U.S. daylight saving time starts on March 9 (Sunday). Clocks will be set forward one hour.

For investors in mainland China, this means the correspondence between US stock market hours and Beijing time (UTC+8) will change.

Core Tip: Twice a year, you need to adjust your trading alarms! Once in March, once in November.

The table below clearly shows the correspondence between US stock market hours and Beijing time during daylight saving and standard time.

This time conversion table is the foundation for planning trading activities. Recording these changes in your calendar can effectively avoid missing important trading opportunities due to time mismatches.

The 2025 US stock trading calendar includes multiple key dates, such as Thanksgiving, Christmas, and the special closure day January 9 for mourning the former president. Historical data shows that market sentiment and trading behavior often exhibit specific patterns before long weekends.

It is recommended that investors mark these dates on their trading calendars. Planning fund management and strategies in advance around these non-trading days and early close days, such as using stop-loss orders to control risk, is a wise move for successfully coping with market changes.

FAQ

Does the US Stock Market Open on Weekends?

The US stock market is closed all day on Saturdays and Sundays. Regular trading only occurs Monday to Friday. Investors need to plan trading activities around weekdays.

What If a Statutory Holiday Falls on a Weekend?

Usually, if a holiday falls on Saturday, the stock market closes early on Friday. If on Sunday, it shifts to the following Monday. This ensures market participants enjoy long weekend holidays.

Is the US Bond Market Holiday Schedule the Same as the Stock Market?

Not exactly the same. While most closure days overlap, the bond market sometimes has additional closures, such as Columbus Day. Bond traders are advised to separately check the official schedule released by SIFMA.

Is the January 9, 2025 Closure a Regular Arrangement?

No. This is a very special arrangement to mourn the passing of former President Jimmy Carter. Such non-holiday closures are uncommon; investors should treat it as a one-time event and mark it specially on trading calendars.