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Christmas Day

United StatesOtherLow
About This Indicator4

About This Indicator

4 questions

Christmas Day is an annual exchange holiday, a day when US stock venues shut for the full session. It is published by NYSE Group, a subsidiary of Intercontinental Exchange. The group operates New York Stock Exchange markets and issues the closure under its holiday calendar and holiday rule 7.2. Nasdaq, a separate US stock exchange, mirrors the same closure.

It covers whether cash-equity, equity-option and bond markets are open or closed. It measures nothing economic, with no level, change or sentiment score, and bond hours follow a separate schedule.

The closure is pre-announced in a multi-year holiday calendar, with no data collection and no revisions process beyond a new announcement.

Markets stay closed all day on the observed date; the normal core session is 9:30 AM to 4:00 PM Eastern Time. If December 25 is Saturday the closure moves to Friday, if Sunday to Monday, while Christmas Eve alone never forces a full closure. On a marked early close the session ends at 1:00 PM, eligible options at 1:15 PM and late sessions at 5:00 PM Eastern Time. Each release lists all holidays, regular hours, early close times and trading day counts for planning only, with no bullish or bearish signal.

Nothing moves prices here; these venues simply stay closed on the observed date.

  • New York Stock Exchange (NYSE): primary stock venue; fully closed on the observed date.
  • NYSE American: equities and options venue; fully closed on the observed date.
  • NYSE Arca Equities: electronic stock venue; fully closed on the observed date.
  • Affiliate equities markets: including NYSE National, NYSE Texas and NYSE Chicago; fully closed on the observed date.
  • Options and bonds: equity options and bond venues close for the day.
  • Nasdaq mirror and Christmas Eve session: Nasdaq shows the same closure, while Christmas Eve is only an early close when marked.

In 2021 Christmas fell on Saturday, December 25, 2021, so markets closed Friday, December 24, 2021, listed as Christmas observed. In 2022 it fell on Sunday, December 25, 2022, so markets closed Monday, December 26, 2022, also listed as Christmas observed. In 2023 it fell on Monday, December 25, 2023, so markets closed on December 25 itself with no observed label. The lesson is that the closure follows the observed weekday, not the calendar date alone.

  1. No calculation: There is no formula, no weights and no seasonal adjustment; the date follows the rule below.
  2. Observance-date rule: If December 25 is Monday to Friday, the closure is December 25. If Saturday, it moves to Friday, December 24; if Sunday, to Monday, December 26.
  3. Worked example: Suppose December 25 is Saturday, so Friday, December 24 closes fully while Saturday needs no session. Suppose instead it is Sunday, so Monday, December 26 closes fully.
  4. Exception: It may not apply when unusual business conditions exist, such as a month or year accounting close.

Key point

The market does not always close exactly on December 25. A weekend Christmas shifts the closure, and Christmas Eve is only an early close when marked.

No historical data available

Indicator questions

Source · Stock Exchange — PTView Source