
The US stock market follows a predetermined holiday schedule, during which major exchanges remain closed, and regular trading does not take place. These market holidays can affect trading activity, order execution, settlement timelines, and market liquidity, making them an important consideration for investors.
For investors in the US and those investing in US stocks from India, understanding market holidays, trading hours, and early closing sessions is essential to interpreting trading schedules, settlement timelines, and market activity throughout the year.
US stock market holidays are designated days when major US exchanges, including the New York Stock Exchange (NYSE) and Nasdaq Stock Market, remain closed and regular trading does not take place. These holidays generally coincide with important US federal holidays and are announced annually by the exchanges.
However, not every US federal holiday results in a market closure. For instance, the US stock market remains open on certain federal holidays, such as Veterans Day and Columbus Day.
Additionally, when a market holiday falls on a weekend, the exchanges may observe the holiday on the nearest weekday. For example, if a holiday falls on a Saturday, the market may remain closed on the preceding Friday, while a Sunday holiday is typically observed on the following Monday.
Although the annual holiday calendar is generally announced well in advance, exchanges may occasionally declare additional market closures or changes to trading schedules in exceptional circumstances, such as a national day of mourning or other unforeseen events. For this reason, investors should refer to the latest NYSE and Nasdaq exchange announcements before planning time-sensitive trades.
The US stock market follows fixed trading hours on business days. However, the corresponding trading hours in India change during the year because the United States observes Daylight Saving Time (DST). As a result, Indian investors should be aware of the applicable trading schedule before placing orders.
|
Session |
Eastern Time (ET) |
IST (During Daylight Saving Time) |
IST (During Standard Time) |
|
Pre-market |
4:00 A.M. - 9:30 A.M. |
1:30 P.M. - 7:00 P.M. |
2:30 P.M. - 8:00 P.M. |
|
Regular Trading |
9:30 A.M. - 4:00 P.M. |
7:00 P.M. - 1:30 A.M. |
8:00 P.M. - 2:30 A.M. |
|
After-hours |
4:00 P.M. - 8:00 P.M. |
1:30 A.M. - 5:30 A.M. |
2:30 A.M. - 6:30 A.M. |
From the second Sunday in March to the first Sunday in November, the US follows Eastern Daylight Time (EDT). During this period, the regular trading session is open from 7:00 P.M. to 1:30 A.M. IST.
From the first Sunday in November to the second Sunday in March, the US follows Eastern Standard Time (EST). During this period, regular trading takes place from 8:00 P.M. to 2:30 A.M. IST.
In addition to regular trading hours, investors can also trade during the pre-market and after-hours sessions. These extended trading sessions provide greater flexibility but generally experience lower trading volumes and liquidity, which can lead to wider bid-ask spreads and higher price volatility.
For investors in India, keeping track of Daylight Saving Time is important, as the opening and closing times of the US market shift by one hour when the US moves between EDT and EST.
The table below lists the US stock market holidays for 2026.
|
Holiday |
U.S. Date |
|
New Year's Day |
Thursday, January 1, 2026 |
|
Martin Luther King Jr. Day |
Monday, January 19, 2026 |
|
Presidents' Day |
Monday, February 16, 2026 |
|
Good Friday |
Friday, April 3, 2026 |
|
Memorial Day |
Monday, May 25, 2026 |
|
Juneteenth National Independence Day |
Friday, June 19, 2026 |
|
Independence Day (Observed) |
Friday, July 3, 2026 |
|
Labor Day |
Monday, September 7, 2026 |
|
Thanksgiving Day |
Thursday, November 26, 2026 |
|
Early Close (1:00 P.M. ET) |
Friday, November 27, 2026 |
|
Early Close (1:00 P.M. ET) |
Thursday, December 24, 2026 |
|
Christmas Day |
Friday, December 25, 2026 |
In addition to full-day market holidays, the US stock market observes a few scheduled early closing sessions each year. On these days, the New York Stock Exchange (NYSE) and Nasdaq Stock Market close earlier than their regular trading hours. Typically, regular trading ends at 1:00 PM Eastern Time (ET) instead of the usual 4:00 PM ET, while pre-market trading generally follows its normal schedule.
Early closures are typically observed around certain major holidays, including:
Because the trading session is shorter, investors have less time to place or modify orders. Trading volumes may also be lower, which can result in reduced liquidity and wider bid-ask spreads for some securities. Investors planning time-sensitive trades should check the exchange schedule in advance and place important orders well before the market closes.
US stock markets remain closed on designated market holidays, meaning regular trading and settlement activities do not take place. Although many brokerage platforms allow investors to place buy or sell orders during these periods, the orders are executed only after the market reopens.
The US stock market follows a T+1 settlement cycle, where eligible trades are generally settled one business day after the trade date. Since weekends and market holidays are not considered business days, they are excluded from the T+1 settlement timeline, which may result in delayed settlement of trades.
For example, if an investor sells shares on the trading day before a market holiday, the holiday is not counted as a business day. The trade will settle on the next eligible business day after the holiday.
The US and Indian stock markets have different holiday calendars, trading hours, and market practices. While both markets remain closed on designated holidays, the holiday schedules and trading hours differ. Investors who trade in both markets should be aware of these differences to plan trades efficiently, avoid delays in order execution, and better manage settlement timelines.
|
Feature |
US Stock Market |
Indian Stock Market |
|
Major Exchanges |
NYSE, Nasdaq |
NSE, BSE |
|
Regular Trading Hours |
9:30 A.M. - 4:00 P.M. ET (7:00 P.M. - 1:30 A.M. IST during DST; 8:00 P.M. - 2:30 A.M. IST during Standard Time) |
9:15 A.M. - 3:30 P.M. IST |
|
Holiday Calendar |
Based on US national holidays |
Based on Indian national holidays and festivals |
|
Early Closing Sessions |
Yes, on selected days such as the day after Thanksgiving (Black Friday) and Christmas Eve (when scheduled) |
Rare; exchanges generally operate for regular trading hours or remain closed for the entire day |
|
Time Zone |
Eastern Time (ET) |
Indian Standard Time (IST) |
Since the two markets follow different holiday schedules, one market may be open while the other is closed. For example, Indian investors can trade US stocks on certain Indian market holidays if the US markets are open. Similarly, even if NSE and BSE are open, trading in US-listed stocks will not be possible when the NYSE and Nasdaq are closed for a market holiday. Keeping track of both holiday calendars can help investors plan trades, avoid settlement delays, and make better-informed investment decisions.
US market holidays can affect trading, settlement, and portfolio updates for Indian investors in several ways. Although many brokerage platforms allow investors to place orders when the market is closed, these orders are processed only after the US exchanges resume trading.
Some of the key impacts include:
Understanding the US stock market holiday calendar is an essential part of successful investing. Holidays influence trading activity, settlement cycles, liquidity, and market timing. By keeping track of market closures and early closing sessions, investors can better manage their trades and avoid unnecessary delays.
Whether you are investing directly in US equities, exchange-traded funds (ETFs), or mutual funds with US exposure, staying informed about market holidays can help you plan investments more effectively and make better-informed financial decisions.