Market Holidays 2016

The New York Stock Exchange (NYSE) together with the NASDAQ Stock Market are the two prominent U.S. stock exchanges that are widely considered to be "the stock market." Both stock exchanges observe the same holiday schedule, which appears below for the year 2016.

 

2016 Market Holidays and Half-Days New York Stock Exchange NASDAQ SIFMA (Bond Market)*
New Year's Eve Day Thursday December 31, 2015 OPEN OPEN REC. 2:00 PM ET CLOSE
New Year's Day Friday January 1, 2016 CLOSED CLOSED REC. CLOSE
Martin Luther King Jr. Day Monday January 18, 2016 CLOSED CLOSED REC. CLOSE
Washington's Birthday Monday February 15, 2016 CLOSED CLOSED REC. CLOSE
Thursday before Good Friday Thursday March 24, 2016 OPEN OPEN REC. 2:00 PM ET CLOSE
Good Friday Friday March 25, 2016 CLOSED CLOSED REC. CLOSE
Memorial Day Monday May 30, 2016 CLOSED CLOSED REC. CLOSE
Independence Day Monday July 4, 2016 CLOSED CLOSED REC. CLOSE
Labor Day Monday September 5, 2016 CLOSED CLOSED REC. CLOSE
Columbus Day Monday October 10, 2016 OPEN OPEN REC. CLOSE
Veteran's Day Tuesday November 11, 2016 OPEN OPEN REC. CLOSE
Thanksgiving Day Thursday November 24, 2016 CLOSED CLOSED REC. CLOSE
Day after Thanksgiving Day Friday November 25, 2016 OPEN TIL 1:00 PM ET OPEN TIL 1:00 PM ET REC. 2:00 PM ET CLOSE
Christmas Eve Day Saturday December 24, 2016 CLOSED CLOSED REC. CLOSE
Christmas Day Sunday December 25, 2016 CLOSED CLOSED REC. CLOSE
New Year's Eve Day Saturday December 31, 2016 CLOSED CLOSED REC. CLOSE
New Year's Day Sunday January 1, 2017 CLOSED CLOSED REC. CLOSE

 

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Sources:





Narrative of 2016 Market Holidays:


The U.S. stock and bond markets are closed on New Year's Day. The stock and bond markets are also closed on MLK day and Washington's birthday (also known as President's Day). The bond market closes early the day before Good Friday, but the stock market it open. Stock and bond markets are closed on Good Friday. The bond market closes early on the Friday before Memorial Day, but the stock market is open. The stock and bond markets are closed on Memorial Day.

The bond market is open the day before the 4th of July, but the stock market closes early. The stock and bond markets are closed on July 4th and are closed on Labor Day. The stock market is open on Columbus Day but the bond market is closed. The stock market is open on Veteran's day but the bond market is closed. The stock and bond markets are closed on Thanksgiving and close early the day after Thanksgiving.

The stock and bond markets close early on Christmas Eve day and are closed on Christmas. The stock market is open on New Year's Eve day but the bond market closes early.

For all other holidays not listed here, it should be assumed that the stock and bond markets are open. Please note that this calendar only accounts for planned holiday closures, stock and bond exchanges may close for other circumstances (such as extreme weather events).


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Stock Market Holidays -- FAQ:


Is the stock market closed on Columbus Day?
No, the stock market is open on Columbus Day.

Is the stock market closed on Veterans Day?
No, the stock market is open on Veterans Day.

Is the stock market closed on Election Day?
No, the stock market is open on Election Day.

Is the stock market closed the day after Thanksgiving (Black Friday)?
No, the stock market is open until 1 p.m. on the Friday after Thanksgiving.

Is the stock market closed on Rosh Hashanah?
No, the U.S. stock market is open during Rosh Hashanah (though the Tel Aviv stock market is closed). Interestingly, some traders believe that you should sell stocks on Rosh Hashanah and buy them back on Yom Kippur.

Is the stock market closed on Yom Kippur?
No, the U.S. stock market is open during Yom Kippur (though the Tel Aviv stock market is closed). Interestingly, some traders believe that you should sell stocks on Rosh Hashanah and buy them back on Yom Kippur.

Is the stock market closed on Easter Monday?
No, the U.S. stock market is open on Easter Monday, though several European stock exchanges are closed.

Is the stock market closed on Boxing Day?
No, under normal circumstances, the U.S. stock market is open on Boxing Day (the day after Christmas), though the London, Toronto and Australian stock exchanges are closed. However, it's worth noting that the Christmas holiday may be observed by U.S. exchanges on Boxing Day when Dec. 25 falls on a weekend (such as in 2011).

Is the stock market closed for a President's funeral?
Yes, under a tradition dating back to the 1885 funeral of former President Ulysses S. Grant, the stock market closes for the day of a President’s funeral, including former Presidents.

Does the stock market close after a terrorist attack?
Yes, after the 9/11 attack on the World Trade Center, the stock market closed shortly after the attack and remained closed until the following Monday. The stock market also closed early the day of the attempted assassination of President Reagan and, further back in history, was closed for seven days following the assassination of President Lincoln.

Does the stock market close if there is too much volatility?
Yes, under Rule 80B of the New York Stock Exchange, the stock market closes if the Dow Jones Industrial Average falls 20% in a single trading day. There are also trading halts if the Dow Jones Industrial Average falls 7% and 13% in a single trading day.

Why does the stock market observe 'Washington's Birthday' rather than 'President's Day?'
According to the New York Stock Exchange website, 'Washington's Birthday was first declared a federal holiday by an 1879 act of Congress. The Monday Holiday Law, enacted in 1968, shifted the date of the commemoration of Washington's Birthday from February 22 to the third Monday in February, but neither that law nor any subsequent law changed the name of the holiday from Washington's Birthday to President's Day. Although the third Monday in February has become popularly known as President's Day, the NYSE's designation of Washington's Birthday as an Exchange holiday (Rule 51) follows the form of the federal holiday outlined above (section 6103(a) of title 5 of the United States Code).'