Market Holidays

Is the Stock Market Closed on Christmas Day? Complete Holiday Guide

Christmas Day (December 25th) is one of the most important holidays in the United States and around the world. Here's everything traders and investors need to know about Christmas Day market closures and post-holiday trading considerations.

4 min read•Holiday Trading Guide

!Quick Answer

Yes, the U.S. stock market is completely closed on Christmas Day (December 25th).This includes the New York Stock Exchange (NYSE), NASDAQ, and all major U.S. exchanges. Bond markets are also closed. When Christmas falls on a weekend, the market closure is observed on the adjacent weekday.

Which Markets Are Closed on Christmas Day?

Christmas Day is a federal holiday in the United States and is universally observed by all financial markets. Here's a comprehensive breakdown:

All U.S. Stock Exchanges (CLOSED)

  • New York Stock Exchange (NYSE)
    Fully closed
  • NASDAQ Stock Market
    Fully closed
  • American Stock Exchange (AMEX)
    Fully closed
  • All Options Exchanges
    Fully closed

All Other Markets (CLOSED)

  • U.S. Treasury Securities
    No trading
  • Corporate & Municipal Bonds
    No trading
  • Commodity Markets (CME)
    All contracts closed
  • Futures & Derivatives
    All markets closed

When Christmas Falls on Weekend

When Christmas Day falls on a Saturday or Sunday, the market closure is observed on the adjacent weekday:

Weekend Observance Rules

Saturday Dec 25th:
Markets closed Friday, December 24th
Sunday Dec 25th:
Markets closed Monday, December 26th

Christmas Day 2025 Schedule

Christmas Day dates for the coming years:

Christmas Day Schedule

2025
Thursday, December 25
Markets closed Thursday
2026
Friday, December 25
Markets closed Friday
2027
Saturday, December 25
Observed Friday, Dec 24

International Markets on Christmas

Christmas Day market closures vary significantly around the world:

Markets Typically Closed

  • European Markets
    London, Frankfurt, Paris, Milan
  • Australian & New Zealand
    ASX, NZX closed
  • Canadian Markets
    TSX closed
  • Hong Kong Exchange
    HKEX closed

Markets Typically Open

  • Middle East Markets
    Dubai, Saudi Arabia, Qatar
  • Some Asian Markets
    Depends on local holidays
  • Non-Christian Countries
    Normal trading schedules

Forex & Cryptocurrency Markets

While stock markets close, other markets have different schedules:

Forex Market on Christmas

  • Extremely Low Liquidity:
    Most banks and institutions closed
  • Wide Spreads:
    Limited market makers active
  • Avoid Trading:
    Not recommended for active trading

Cryptocurrency Markets

  • 24/7 Operations:
    Crypto markets never close
  • Reduced Activity:
    Lower volume from institutional players
  • Support Limited:
    Exchange customer support may be limited

Post-Christmas Trading Considerations

The period after Christmas often brings unique market dynamics:

Year-End Effects

  • Santa Claus Rally potential
  • Low volume trading week
  • Tax-loss selling completion
  • Portfolio rebalancing activities
  • Preparation for January effect
  • Reduced institutional participation

Key Takeaways

  • ✅ All U.S. stock markets are closed on Christmas Day (December 25th)
  • ✅ Bond and commodity markets also close for the federal holiday
  • ✅ Most international markets close in countries that celebrate Christmas
  • ✅ Forex trading not recommended due to extremely low liquidity
  • ✅ Cryptocurrency markets remain open but with reduced activity
  • ✅ Plan for year-end effects in the following trading sessions

Christmas Day represents a complete halt to traditional financial market activity in most of the world. It's a time for traders and investors to step away from the markets and enjoy the holiday with family and friends.

For real-time market schedules and holiday information, bookmark ourmarket holidays calendar to stay informed about upcoming closures and plan your trading activities accordingly.