US Market Holidays 2023: All you need to know
US Market Holidays 2023:
The year 2022 is about to end, and we are entering a new year - 2023. Every individual will have personal and financial goals for the new year. However, before you start planning, it is crucial to get your planner ready. One of the essential considerations in every new year's planning is the list of holidays.
The US stock market:
The US stock market has two main stock exchanges - The New York Stock Exchange and The Nasdaq Stock Exchange. A stock can list on either of two, or it could be on both exchanges. The US market functions from Monday to Friday and is closed on Saturday and Sunday. Apart from the weekly closure, the stock market is closed on other days - national holidays and festivals.
The stock exchanges take two additional partial holidays annually, closing early on the day after Thanksgiving (aka Black Friday) and on Christmas Eve. On those days, the main trading session runs from 9:30 a.m. to 1 p.m rather than the normal schedule of 9:30 a.m. to 4 p.m.
US stock market holidays list for 2023:
|1||New Years Day||January 2, 2023||Monday|
|2||Martin Luther King Jr. Day||January 16, 2023||Monday|
|3||Washington's Birthday||February 20, 2023||Monday|
|4||Good Friday||April 7, 2023||Friday|
|5||Memorial Day||May 29, 2023||Monday|
|6||Juneteenth National Independence Day||June 19, 2023||Monday|
|7||Independence Day||July 4, 2023||Tuesday|
|8||Labor Day||September 4, 2023||Monday|
|9||Thanksgiving Day||November 23, 2023||Thursday|
|10||Christmas Day||December 25, 2023||Monday|
Note – The mentioned holidays are for 2023. All the timings mentioned are in Eastern Standard Time (EST).
If a given holiday happens to take place on Saturday, the Friday before it typically becomes a stock market holiday. Similarly, markets typically close on the following Monday if the holiday lands on a Sunday.