Stock market holidays are non-weekend business days when the two major U.S. stock exchanges, the New York Stock Exchange (NYSE) and the Nasdaq, are closed for the day. These days often closely follow federal holiday schedules and include major holidays like Memorial Day and Thanksgiving.

Regular operating hours for both exchanges are Monday-Friday from 9:30 a.m. - 4 p.m. ET, although there are various ways to trade stocks 24 hours a day. Markets do not operate during the weekend.

Sometimes, if a holiday falls on a weekend, stock markets will close on the Friday prior to the holiday, as is often the case with Good Friday and Easter. Other times, a holiday will be observed on a Monday after it occurs.

(Stock markets in the U.S. will be closed on Jan. 9, 2025 in observance of a national day of mourning for former President Jimmy Carter.)

As the new year sweeps in, check out the updated 2025 holiday calendar for the stock and bond markets.

Market holidays 2025: When is the stock market closed?

Below is the schedule for 2025 stock market holidays when the NYSE, Nasdaq and bond markets are closed:

Wednesday, Jan. 1, 2025 -- New Year's Day

Monday, Jan. 20, 2025 -- Martin Luther King Jr. Day

Monday, Feb. 17, 2025 -- Presidents' Day

Friday, April 18, 2025 -- Good Friday

Monday, May 26, 2025 -- Memorial Day

Thursday, June 19, 2025 -- Juneteenth National Independence Day

Friday, July 4, 2025 -- Independence Day

Monday, Sept. 1, 2025 -- Labor Day

Thursday, Nov. 27, 2025 -- Thanksgiving Day

Thursday, Dec. 25, 2025 -- Christmas Day

Additional bond market holidays

Monday, Oct. 13, 2025 -- Columbus Day

Tuesday, Nov. 11, 2025 -- Veterans Day

The Securities Industry and Financial Markets (SIFMA) provides this holiday schedule as a recommendation for bond markets and is subject to change. (Here's a list of days when banks are closed for the holidays, too.)

Early stock market closures

The stock market generally follows its holiday schedule without any additional early closures, with the exception of the day before Independence Day, Black Friday and Christmas Eve, when the Nasdaq and NYSE close at 1 p.m. ET.

July 3, 2025 -- Day before Independence Day

Nov. 28, 2025 -- Day after Thanksgiving

Dec. 24, 2025 -- Christmas Eve

Bond market early closures

Bond markets, however, have some early and additional closures throughout the year. Bond markets close early, at 2 p.m. ET, on the following days:

April 17, 2025 -- Day before Good Friday

May 23, 2025 -- Friday before Memorial Day

July 3, 2025 -- Day before Independence Day

Nov. 28, 2025 -- Day after Thanksgiving

Dec. 24, 2025 -- Christmas Eve

Dec. 31, 2025 -- New Year's Eve