The stock market operates on a specific schedule that includes regular trading hours, early closures, and market holidays. Understanding the trading schedule of the stock and bond markets is essential for investors who want to plan their trades effectively. This guide outlines the trading hours, holiday closures, and key information about the stock and bond markets in 2025. Whether you’re an active trader or a casual investor, knowing when the markets are open can help you navigate your financial strategies smoothly.
Regular Trading Hours for Stock Markets
The primary U.S. stock exchanges, including the New York Stock Exchange (NYSE) and Nasdaq, operate on a set schedule during weekdays. Here are the standard trading hours,
• Regular Trading Hours: Monday to Friday, 9:30 AM to 4:00 PM Eastern Time (ET).
• Pre-Market Trading: 4:00 AM to 9:30 AM ET.
• After-Hours Trading: 4:00 PM to 8:00 PM ET.
Pre-market and after-hours trading allow investors to trade outside of the regular hours, but these sessions generally have lower trading volumes, leading to increased volatility and reduced liquidity. It’s essential to be cautious when trading during these extended hours.
Stock Market Holidays in 2025
The stock market observes several holidays each year when exchanges are closed, which can affect trading schedules and transaction processing. Here’s a list of stock market holidays for 2025.
Holiday | 2025 |
New Year's Day | Wednesday, January 1, 2025 |
Martin Luther King, Jr. day | Monday, January 20, 2025 |
Presidents' Day | Monday, February 17, 2025 |
Good Friday | Friday, April 18, 2025 |
Memorial Day | Monday, May 26, 2025 |
Juneteenth Holiday | Thursday, June 19, 2025 |
Independence Day | Friday, July 4, 2025 |
Labor Day | Monday, September 1, 2025 |
Thanksgiving Day | Thursday, November 27, 2025 |
Black Friday (closes early at 1p.m. ET) | November 29, 2025 |
Christmas Day | Thursday, December 25, 2025 |
• New Year’s Day: Wednesday, January 1
• Martin Luther King, Jr. Day: Monday, January 20
• Washington’s Birthday (Presidents’ Day): Monday, February 17
• Good Friday: Friday, April 18
• Memorial Day: Monday, May 26
• Juneteenth National Independence Day: Thursday, June 19
• Independence Day: Friday, July 4
• Labor Day: Monday, September 1
• Thanksgiving Day: Thursday, November 27
• Christmas Day: Thursday, December 25
Special Holiday Closures and Early Trading Sessions
• Independence Day (July 4th): Since Independence Day falls on a Friday in 2025, the market will observe a full closure on that day.
• Christmas Eve: If Christmas Eve falls on a weekday, the market typically closes early at 1:00 PM ET. For 2025, the market will observe this early closure on Wednesday, December 24.
• Black Friday (Day After Thanksgiving): The market generally closes early at 1:00 PM ET on the Friday following Thanksgiving, which will be observed on November 28, 2025.
Bond Market Trading Hours and Holidays in 2025
The bond market, which includes U.S. Treasury bonds, corporate bonds, and municipal bonds, has slightly different operating hours and holiday schedules compared to the stock market. The bond market’s trading hours are typically from 8:00 AM to 5:00 PM ET, with some early closures on certain holidays. Below are the bond market holidays for 2025.
Holiday | 2025 |
New Year's Day | Wednesday, January 1, 2025 |
Martin Luther King, Jr. day | Monday, January 20, 2025 |
Presidents' Day | Monday, February 17, 2025 |
Holy Thursday (closes at 2 p.m. ET) | Thursday, April 17, 2025 |
Good Friday | Friday, April 18, 2025 |
Day before Memorial Day (closes at 2 p.m. ET) | Sunday, May 25, 2025 |
Memorial Day | Monday, May 26, 2025 |
Juneteenth Holiday | Thursday, June 19, 2025 |
Day before Independence Day (closes at 2 p.m. ET) | July 3, 2024 |
Independence Day (Early close at 2:00 PM on July 3) | Friday, July 4, 2025 |
Labor Day | Monday, September 1, 2025 |
Indigenous Peoples' Day/Columbus Day (Closed for the bond market, open for stock market) | Monday, October 13, 2025 |
Veterans Day (Closed for the bond market, open for stock market) | Tuesday, November 11, 2025 |
Thanksgiving Day (Early close at 2:00 PM on November 27) | Thursday, November 27 , 2025 |
Black Friday (closes at 2 p.m. ET) | November 29, 2024 |
Christmas Eve (closes at 2 p.m. ET) | December 24, 2024 |
Christmas Day | Thursday, December 25, 2024 |
Key Points to Keep in Mind
1. Holiday Impact on Trading: Trading around holidays can lead to lower volumes and potentially greater market volatility. It’s wise to plan trades ahead of time to avoid these fluctuations.
2. Early Closures: On days with early closures, the trading session ends at 1:00 PM ET for stocks and 2:00 PM ET for bonds, which significantly shortens the trading window.
3. Extended Hours Caution: While extended trading hours offer more flexibility, they come with higher risks due to reduced liquidity and increased price swings.
4. Broker Trading Policies: Always check with your broker regarding their policies on extended hours trading, as availability, fees, and rules can vary.
How Market Holidays Affect Your Investments
Market holidays can influence the timing of order execution, trade settlements, and transaction processing, particularly for global markets that may observe different holiday schedules. It’s crucial for investors to be aware of these dates to manage their portfolios effectively, especially for options, futures, and other time-sensitive investments.
Conclusion
Knowing the stock and bond market schedules for 2025 can help you better plan your trading activities, avoid unexpected market closures, and make informed investment decisions. Use this guide to stay on top of trading hours, holidays, and bond market operations throughout the year, ensuring your financial strategies remain on track. Understanding this schedule can help investors plan their trades and manage their portfolios effectively. This is a comprehensive guide to the stock market hours, holidays, and bond market information for 2025.