NYSE Holidays 2016 and 2017 Schedule Calendar, Stock Market Holidays
Regular hours for the New York Stock Exchange (NYSE) are Monday through Friday, 9:30 a.m. to 4:00 p.m. EST. However, the stock market observes U.S. holidays, so below you will find a schedule for the NYSE holidays for 2016 and 2017.
|New Year’s Day||January 1||January 2|
|Martin Luther King, Jr. Day||January 18||January 16|
|Washington’s Birthday||February 15||February 20|
|Good Friday||March 25||April 14|
|Memorial Day||May 30||May 29|
|Independence Day||July 4||July 4|
|Labor Day||September 5||September 4|
|Thanksgiving Day||November 24||November 23|
|Christmas Day||December 26||December 25|
Each market will close early at 1:00 p.m. EST on the following dates:
|NYSE Partial Holidays
(1:00 p.m. EST Close)
|Day before Independence Day||N/A||July 3|
|Day following Thanksgiving||November 25||November 24|
Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates.
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The exchanges will select a day of mourning (typically the day of the funeral) upon the death of a U.S. President. While not explicitly detailed in the stock market holiday schedule year after year, the exchanges will also observe moments of silence in commemoration of certain historic events (e.g. on September 11, 2006, it observed the five-year anniversary of 9/11 by closing from 9:29 a.m. to 9:30 a.m.). These observances will often not be accompanied by a halt of trading.
Not Quite NYSE Holidays, But…
Certain extraordinary events will cause the markets to close in addition to scheduled NYSE holidays. In the past, the nature of these events has varied from technical/system failures to natural disasters, war, and more.
Extraordinary market volatility has also had its effect on the NYSE schedule. On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day. Officials invoked the “circuit breaker” rule (Rule 80B) to halt all trading. The decision was highly controversial, and the Rule was later revised with the intention of implementing a pause in trading to give investors time to reassess information and make informed choices during periods of high market volatility.
Under the revised Rule 80B, trigger points were set to signal halts in trading. These triggers were hit only once; this occurred on October 27, 1997, when the DJIA was down 350 points at 2:35 p.m. and 550 points at 3:30 p.m., shutting down the market for the remainder of the day.
Trigger levels are now set at losses of 10%, 20%, and 30%, calculated at the beginning of each calendar quarter, to set off halts for 30 minutes, one hour, two hours, or the rest of the trading day, depending on the level of loss and the time at which these trigger levels are hit in the trading day.
Stock Market Holidays FAQs:
Q: Is the stock market closed on Columbus Day?
A: No, the stock market is open on Columbus Day.
Q: Is the stock market closed on Veterans Day?
A: No, the stock market is open on Veterans Day.
Q: Is the stock market closed on Election Day?
A: No, the stock market is open on Election Day.
Q: Is the stock market closed the day after Thanksgiving (Black Friday)?
A: On the Friday after Thanksgiving, commonly known as Black Friday, the stock market is open in the morning until 1:00 p.m. EST; it closes for the afternoon.
Q: Is the stock market closed on Rosh Hashanah?
A: Although the Tel Aviv stock market does close on Rosh Hashanah, the U.S. stock markets remain open. In fact, some believe that investors should sell stocks on Rosh Hashanah and buy them back on Yom Kippur.
Q: Is the stock market closed on Yom Kippur?
A: Similar to Rosh Hashanah, while the Tel Aviv stock market closes, the U.S. stock market remains open on Yom Kippur. Some traders even believe that on Yom Kippur, investors should buy back the stocks they sold on Rosh Hashanah.
Q: Is the stock market closed on Easter Monday?
A: Many European stock exchanges do close for Easter Monday. However, the U.S. stock markets do not; they remain open on Easter Monday.
Q: Is the stock market closed on Boxing Day?
A: Generally, the U.S. stock markets remain open on Boxing Day. There is, however, one exception: if Christmas day (December 25) falls on a weekend, the holiday will be observed the following Monday, which may fall on December 26, the day after Christmas. Stock exchanges in London, Toronto, and Australian are all closed on Boxing Day.
Q: Why does the stock market observe “Washington’s Birthday” rather than “President’s Day?”
A: As the New York Stock Exchange web site explains, the market observes “Washington’s Birthday” based on the fact that while the Monday Holiday Law shifted the original date of the commemoration of Washington’s Birthday (declared a federal holiday in 1897), neither it nor any subsequent law has changed the name of the holiday to “President’s Day.” So while the holiday is popularly known as “President’s Day,” the market’s designation of “Washington’s Birthday” as an exchange holiday (according to Rule 51) follows the form of the federal holiday outlined in Section 6103(a) of Title 5 of the United States Code.