As the world celebrates the arrival of the new year, the financial markets in the United States will be observing a well-known holiday.
Today, December 31st, 2024, both the New York Stock Exchange (NYSE) and NASDAQ will remain closed for the day.
The closure marks a typical holiday for U.S. stock exchanges, as December 31st, New Year’s Eve, is a recognized market holiday. This gives investors, traders, and financial professionals a day off to ring in the new year with family and friends.
The NYSE and NASDAQ observe a few key holidays each year, and New Year’s Eve is one of them, alongside major holidays like Thanksgiving and Christmas.
While the exchanges will be closed, trading activity will resume on January 2nd, 2025, following the New Year’s Day holiday, which falls on January 1st and is also a day the markets are closed.
For those interested in global markets, it’s worth noting that while the U.S. stock exchanges are closed, some international stock exchanges may be open, depending on local holidays.
Investors should keep an eye on global market news and prepare for the resumption of U.S. trading activity in the coming days.
Whether it’s for making adjustments to portfolios or assessing the economic climate, January is poised to bring fresh opportunities for the financial markets as the new year kicks off.
Market Closure Details:
- New York Stock Exchange (NYSE): Closed on December 31, 2024.
- NASDAQ: Closed on December 31, 2024.
Trading will resume as usual on January 2, 2025.
Also Read
The Impact of African Trade on Global Stocks
U.S. Gasoline Prices Expected to Decline Further in 2025
