Is the stock market open today? Yes, but with an important caveat—markets will close early at 1:00 p.m. ET on Wednesday, December 24, 2025, marking the shortest trading day of the year. Both the NYSE and Nasdaq follow this tradition to give traders an early holiday break before celebrating Christmas tomorrow.
🔥 Quick Facts
- Markets open at 9:30 a.m. ET on Christmas Eve, operating on a compressed schedule
- Early close at 1:00 p.m. ET for eligible options, with 1:15 p.m. ET closing for options trading
- Holiday volumes typically run 20% of normal, making it historically one of the quietest trading days
- Markets reopen Friday, December 26, 2025, at regular 9:30 a.m. ET trading hours
Stock Market Operating Hours on Christmas Eve
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The New York Stock Exchange and Nasdaq both open at their standard 9:30 a.m. Eastern Time on Wednesday, December 24, giving investors a window to trade before the holiday shutdown. However, traders have far less time to execute orders and positions.
The 1:00 p.m. ET closing time represents a seven-and-a-half-hour reduction from the standard 4:00 p.m. close. This means active traders must wrap up their activity by early afternoon to avoid missing price movements during the final hours of the year’s one of the shortest sessions.
What to Expect During the Shortened Session
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Christmas Eve trading typically features dramatically reduced trading volumes compared to regular market days. According to market historians, volumes roughly 20% of normal characterize this traditionally slow period.
The S&P 500 recently hit fresh records heading into the holiday, but expect lighter activity today as institutional investors and traders wind down for the break. The condensed schedule amplifies this effect, creating an even quieter environment.
| Market | Opening Time (ET) | Closing Time (ET) |
| NYSE | 9:30 a.m. | 1:00 p.m. |
| Nasdaq | 9:30 a.m. | 1:00 p.m. |
| Options | 9:30 a.m. | 1:15 p.m. |
| Bond Markets | Normal | 2:00 p.m. |
Planning Your Trading Strategy for Today
Investors should act quickly if they intend to trade on Christmas Eve, as liquidity decreases as the 1:00 p.m. closing time approaches. The compressed schedule means late-morning orders could face slippage or delayed execution due to thinner market participation.
Those holding positions through the Christmas and New Year period should finalize any adjustments before the day closes. Market-makers and institutional desk traders will implement tighter spreads given the holiday environment, making execution more challenging for retail traders.
When Markets Reopen and What Comes Next
December 25, 2025, marks a complete market closure when the U.S. observes the Christmas holiday. All equities, options, and futures trading halts entirely to allow market participants to celebrate with family and friends.
Trading resumes Friday morning, December 26, 2025, at the standard 9:30 a.m. ET opening time with regular 4:00 p.m. closing. The final week of the year typically features higher volumes as traders make year-end positioning adjustments leading into December 31, 2025, when markets will close early again at 1:00 p.m. ET.
Why Do Markets Close Early on Christmas Eve?
The tradition of closing early reflects the financial industry’s accommodation for the Christmas holiday recognized across North America. The Nasdaq Trader calendar and NYSE official schedule both anchor this closure in celebrating one of the world’s most important personal holidays.
Historically, Christmas Eve and Boxing Day represent the quietest trading sessions annually, with volumes typically remaining at just 20% of normal levels through year-end. Closing early prevents unnecessary volatility in thin trading conditions and allows market professionals to take time with loved ones before the New Year arrives in just one week.

Patrick Graham is a business and finance journalist translating Wall Street’s complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world’s biggest moves.

