Introduction
Stock stock exchange holidays are days when stock exchanges are closed for trading. These planned market holidays can affect trading activity and volume as investors and brokers take time off. Being aware of upcoming stock exchange holidays allows traders to plan around decreased liquidity or potential gaps in trading. This article outlines major US stock exchange holidays for 2023.
New York Stock Exchange (NYSE) Holidays
The New York Stock Exchange (NYSE) is the world’s largest stock exchange. Below are the planned market holidays for the NYSE in 2023:
Holiday | Date |
New Year’s Day | Monday, January 2 |
Martin Luther King Jr. Day | Monday, January 16 |
Washington’s Birthday | Monday, February 20 |
Good Friday | Friday, April 7 |
Memorial Day | Monday, May 29 |
Juneteenth National Independence Day | Monday, June 19 |
Independence Day | Tuesday, July 4 |
Labor Day | Monday, September 4 |
Thanksgiving Day | Thursday, November 23 |
Christmas Day | Monday, December 25 |
Nasdaq Stock Market Holidays
The Nasdaq Stock Market is the second-largest stock exchange globally. Here are its official holidays for 2023:
- New Year’s Day – Monday, January 2
- Martin Luther King Jr. Day – Monday, January 16
- Washington’s Birthday – Monday, February 20
- Good Friday – Friday, April 7
- Memorial Day – Monday, May 29
- Juneteenth National Independence Day – Monday, June 19
- Independence Day – Tuesday, July 4
- Labor Day – Monday, September 4
- Thanksgiving Day – Thursday, November 23
- Christmas Day – Monday, December 25
As you can see, the Nasdaq holiday schedule aligns exactly with the NYSE calendar. Stock stock exchange holidays are standardized across major US exchanges.
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How Holidays Affect the Stock Market
Stock market holidays can influence trading in several key ways:
- Reduced Liquidity – With fewer market participants actively trading, liquidity decreases and bid/ask spreads may widen. This can increase volatility in share prices.
- Gaps in Pricing – When exchanges reopen after a holiday, stock prices can gap up or down from the previous close. This reflects information and events that happened while trading was halted.
- Changes in Investor Activity – Holidays indicate decreased involvement from casual retail investors. Institutions may use times of lower volume for strategic trades.
- Impacts on Specific Sectors – Sectors tied closely to consumer discretionary spending (retail, hospitality, etc.) may demonstrate specific holiday impacts.
Knowing seasonal closures allows traders to account for associated impacts on volume, liquidity, and volatility in the markets.
Additional Closures for 2023
Beyond the standard federal holiday closures, additional special closures may occur in 2023:
- Early Closures – Exchanges sometimes shut down early on the day before a holiday. Christmas Eve and New Year’s Eve often feature truncated trading.
- Inclement Weather – Exchanges can close due to extreme weather events like blizzards, hurricanes, or wildfires. These are rare, unscheduled closures announced on short notice.
- National Days of Mourning – Upon the death of leading public figures, exchanges may shutter for their funeral proceedings. For example, NYSE closed on June 8, 2004 for Ronald Reagan’s national funeral service.
As 2023 progresses, traders should monitor news and announcements around any short-notice exchange closures beyond ordinary holidays.
Stock Market Hours
On regular business days, stock trading sessions run during these general hours:
- Pre-Market Hours – 4:00 a.m. to 9:30 a.m. ET
- Regular Trading Hours – 9:30 a.m to 4:00 p.m. ET
- After-Hours – 4:00 p.m. to 8:00 p.m. ET
On early closure days around holidays, regular trading typically ends at 1:00 pm ET. Pre-market and after hours windows remain the same.
These exchange hours apply to trading of stocks, options, exchange-traded funds (ETFs), and more. Different assets like futures or forex may follow alternative schedules.
Key Takeaways on Stock Exchange Holidays
Here are some essential points on stock market holidays:
- Major US stock exchanges synchronize closure dates for federal holidays in 2023
- Skipping planned holidays, exchanges may also close for early dismissals, inclement weather, or mourning
- Closures reduce trading volume and liquidity, causing share price gaps and increased volatility
- Stock exchange hours vary on holidays – regular sessions truncate, extended sessions operate as usual
- Traders plan around scheduled and unscheduled closures that disrupt market access and conditions
Monitoring closures and hour changes allows investors to strategize based on expected impacts. Stay updated on holiday closure details as well as any short-notice interruptions altering the 2023 trading calendar.
With this overview of key stock exchange holidays for the year, you can trade confidently around exchange downtimes. Execute your investing strategies while following volumes and liquidity issues caused by regular seasonal and special closure dates.