If you're looking to do some trading, it's important to know when the markets are open and closed. The New York Stock Exchange and Nasdaq are open for trading from 9:30 a.m. to 4:00 p.m. ET, Monday through Friday, and closed on weekends and federal holidays. The bond market is also closed on Columbus Day and Veterans Day. As for Fidelity Investments, their Investor Centers are open Monday to Friday, 8:30 a.m. to 5:00 p.m., and by appointment.
Characteristics | Values |
---|---|
Days closed | Weekends |
Martin Luther King, Jr. Day | |
Day before Independence Day | |
Day after Thanksgiving | |
Opening hours | Monday–Friday, 8:30 a.m.–5:00 p.m. |
What You'll Learn
- The New York Stock Exchange and Nasdaq are closed on weekends and federal holidays
- The NYSE and Nasdaq close early or entirely on certain holidays
- Extended trading allows for buying and selling outside of standard market hours
- Fidelity offers extended hours trading
- Orders placed when markets are closed are subject to market conditions when they reopen
The New York Stock Exchange and Nasdaq are closed on weekends and federal holidays
The New York Stock Exchange (NYSE) and Nasdaq are the two main US marketplaces for trading stocks. They follow a similar schedule to the US federal government, observing most federal holidays and closing on weekends.
Trading Hours
The NYSE and Nasdaq are open for trading from Monday to Friday, specifically during the hours of 9:30 a.m. to 4:00 p.m. ET. These hours are also known as the trading session or core trading session.
Federal Holidays
The NYSE and Nasdaq are closed on weekends and most federal holidays, including:
- New Year's Day
- Martin Luther King, Jr. Day
- Presidents' Day/Washington's Birthday
- Good Friday
- Memorial Day
- Juneteenth
- Independence Day
- Labor Day
- Thanksgiving Day
- Christmas Day
Early Closures
On the day before or after certain holidays, the NYSE and Nasdaq may close early. For example, on the day before Thanksgiving, known as Black Friday, and Christmas Eve, the markets close early at 1:00 p.m. ET.
Extended Hours Trading
Extended hours trading allows investors to buy and sell stocks before the market officially opens and after it closes. However, this type of trading is generally riskier due to lower trading volumes and increased volatility. The rules and availability of extended hours trading vary by brokerage firm.
Other Markets
It is worth noting that trading hours and holidays may differ for foreign markets. For example, Canadian stock exchanges are open on US Thanksgiving but closed on Canadian Thanksgiving, which is celebrated on a different date.
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The NYSE and Nasdaq close early or entirely on certain holidays
The New York Stock Exchange (NYSE) and Nasdaq are open for trading from 9:30 a.m. to 4:00 p.m. ET, Monday through Friday. They are closed on weekends and most major U.S. holidays.
In 2024, the NYSE and Nasdaq observed the following holidays by closing early or entirely:
- Martin Luther King, Jr. Day
- The day before Independence Day
- The day after Thanksgiving
In 2025, the NYSE and Nasdaq will be closed on the following days:
- 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
In addition, the NYSE and Nasdaq will close early at 1 p.m. ET on the following days in 2025:
- July 3, 2025 — Day before Independence Day
- Nov. 28, 2025 — Day after Thanksgiving
- Dec. 24, 2025 — Christmas Eve
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Extended trading allows for buying and selling outside of standard market hours
Extended trading allows investors to buy and sell stocks outside of standard market hours. This means that investors can place orders when the market is closed, reacting to news events before other investors. There are two types of extended trading: pre-market trading, which occurs before the market opens, and after-hours trading, which occurs immediately after the market closes.
Fidelity offers extended hours trading, allowing customers to trade certain stocks before and after standard market hours. The pre-market session for placing orders is from 7:00 a.m. to 9:28 a.m. ET, with short sale orders only permitted between 8:00 a.m. and 9:28 a.m. ET. The after-hours session is from 4:00 p.m. to 8:00 p.m. ET. It's important to note that orders placed during extended hours are subject to market conditions when the markets reopen, and there are greater risks associated with extended-hours trading.
The benefits of extended-hours trading include the ability to trade at more convenient times and react to news events outside of normal market hours. For example, many public companies release quarterly earnings after the market closes at 4:00 p.m. ET, so investors can place trades immediately following the announcement instead of waiting until the next day.
However, there are also substantial risks to consider. Extended-hours trading tends to have lower liquidity, which can impact the size of bid-ask spreads and be costly. There may also be greater price volatility and stronger competition from professional traders during these periods. Additionally, trading limitations imposed by brokers may vary, and there is a potential lack of access to other markets and market information.
Overall, extended-hours trading provides investors with the flexibility to trade outside of standard market hours but comes with heightened risks that should be carefully considered.
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Fidelity offers extended hours trading
While the New York Stock Exchange and Nasdaq are open for trading from Monday to Friday, 9:30 a.m. to 4:00 p.m. ET, Fidelity offers extended hours trading. This means that you can trade certain stocks before and after the standard market hours.
For the pre-market session, orders can be placed from 7:00 a.m. to 9:28 a.m. ET, with short sale orders permitted between 8:00 a.m. and 9:28 a.m. ET. For the after-hours session, orders can be placed from 4:00 p.m. to 8:00 p.m. ET. It's important to note that only limit orders are accepted during these extended hours trading sessions.
Extended hours trading provides the opportunity to respond to news or earnings reports that are released outside regular market hours. However, it also carries greater risks due to reduced liquidity and increased price volatility. These factors can make it harder to buy and sell stocks at their true value, potentially resulting in less favourable prices.
When placing orders during extended hours, it's crucial to understand the rules and potential challenges. For instance, orders placed outside of standard market hours are subject to market conditions when the markets reopen, unless executed during an extended hours trading session. Additionally, orders placed in an extended hours session are only valid for that specific pre-market or after-hours session.
In summary, while Fidelity offers extended hours trading, it's important for investors to carefully consider the associated risks and dynamics before participating in pre-market or after-hours trading sessions.
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Orders placed when markets are closed are subject to market conditions when they reopen
The New York Stock Exchange and Nasdaq are open for trading from 9:30 a.m. to 4:00 p.m. ET, Monday through Friday. The stock market is closed over the weekend and on most major US holidays.
Fidelity's Investor Centers are open Monday to Friday, 8:30 a.m.–5:00 p.m., and by appointment. Fidelity also offers extended hours trading, allowing customers to trade certain stocks before and after standard market hours.
While you can place brokerage orders when the markets are open or closed, orders placed when the markets are closed are subject to market conditions when they reopen, unless trades are made during an extended hours trading session. For instance, orders placed in the pre-market session can only be entered and executed between 7:00 a.m. and 9:28 a.m. ET, while orders placed in the after-hours session can be entered and executed between 4:00 p.m. and 8:00 p.m. ET.
It is important to exercise caution when placing orders while the market is closed, as securities may open sharply below or above their previous closing price. Additionally, there are greater risks associated with extended hours trading, including reduced liquidity, increased price volatility and spreads, limited access to other markets and market information, and potential delays in communication.
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Frequently asked questions
Fidelity observes the following holidays by closing early or entirely: Martin Luther King Jr. Day, the day before Independence Day, and the day after Thanksgiving.
The New York Stock Exchange and Nasdaq are open for trading Monday through Friday from 9:30 a.m. ET to 4:00 p.m. ET.
The Investor Centers are open Monday–Friday, 8:30 a.m.–5:00 p.m., and by appointment.
The customer service phone line is open Monday–Friday, 8:30 a.m.–7:00 p.m. ET.
Fidelity Bank observes the following holidays: Martin Luther King Jr. Day, Indigenous Peoples Day, Thanksgiving, Christmas, and New Year's Day.