2025 US Stock Market Full Trading Schedule: Opening/Closing Times and Full Year Market Holidays Details

2025-12-25 02:05:57

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Important Update Notice

The United States officially switched to Daylight Saving Time on March 9, 2025. During this period, the regular trading hours for US stocks are adjusted to 21:30 to 4:00 the next day Beijing time. Additionally, the NYSE plans to extend the operating hours of the fully electronic trading platform NYSE Arca, aiming to expand trading hours to 22 hours each trading day. This plan will take effect once approved by regulatory authorities.

Opening Rules of the Three Major US Stock Exchanges

The US stock market consists of several independently operated securities exchanges, with the New York Stock Exchange, NASDAQ, and American Stock Exchange forming the main trading platforms. Due to independent management, there may be slight differences in opening and closing times, trading rules, and prices across exchanges, but generally, their operating hours are synchronized.

Summary of Core Trading Hours for US Stocks

Trading Session	Weekdays	Eastern Time (ET)
Pre-market Trading	Monday to Friday	4:00 - 9:30
Regular Trading	Monday to Friday	9:30 - 16:00
After-hours Trading	Monday to Friday	16:00 - 20:00

Market Characteristics:

Trading Currency: US Dollar (USD)
Minimum Trading Unit: 1 share
Settlement Cycle: T+3
Commission Rates: Manual trading 1%; Electronic trading 0.5%-1%

Characteristics of the Three Major Exchanges

New York Stock Exchange (NYSE): Founded in 1792, it is the largest stock trading platform in the world by total market capitalization of listed securities. Although electronic trading has become mainstream, on-floor trading still plays an important role in pricing and large institutional transactions.

NASDAQ: As the second-largest securities exchange globally, it is the first fully electronic trading market in the industry. Investors can participate directly via phone or internet without being limited to trading floors. The listed companies are mainly high-tech firms, including industry leaders like Microsoft and Apple.

American Stock Exchange (AMEX): Ranked as the third-largest trading market in the US, its trading mechanism is similar to NYSE but mainly targets small- and mid-cap stocks. Its unique feature is that it is the only exchange that conducts stock, futures, and derivatives trading simultaneously.

Essential Information for Beijing Investors: US Stock Trading Time Conversion

Due to the US observance of Daylight Saving Time and Standard Time, and the lack of such adjustments in Asia, Beijing investors need to pay close attention to this time difference change.

US Time System Explanation:

Daylight Saving Time: Starts at 2:00 AM on the second Sunday in March and ends at 2:00 AM on the first Sunday in November, during which clocks are moved forward by 1 hour.
Standard Time: Starts at 2:00 AM on the first Sunday in November and ends at 2:00 AM on the second Sunday in March, during which clocks are turned back by 1 hour.

Note: States may choose whether to implement this time change according to local regulations.

US Stock Trading Hours vs. Beijing Time Chart

Trading Session	US Eastern Time	Beijing Time (Summer)	Beijing Time (Winter)
Regular Trading	9:30~16:00	21:30~4:00	22:30~5:00
Pre-market Trading	4:00~9:30	16:30~21:30	17:00~22:30
After-hours Trading	16:00~20:00	4:00~8:00	5:00~9:00

US Stock Market Holidays in 2025

The US securities exchanges observe holidays with market closures or early closings, which are important for global investors. Missing this information could lead to trading disruptions. Below is the complete list of US stock market holidays in 2025:

Date	Holiday Name	Trading Arrangement
Jan 1	New Year’s Day	Closed
Jan 20	Martin Luther King Jr. Day	Closed
Feb 17	Washington’s Birthday	Closed
Apr 18	Good Friday	Closed
May 26	Memorial Day	Closed
Jun 19	Juneteenth (Early Close)	Closed
Jul 3	Day before Independence Day	Closes 3 hours early
Jul 4	Independence Day	Closed
Sep 1	Labor Day	Closed
Nov 27	Thanksgiving Day	Closed
Nov 28	Day after Thanksgiving	Closes 3 hours early
Dec 24	Christmas Eve	Closes 3 hours early
Dec 25	Christmas Day	Closed

Important Reminder: US stock market holidays mean no regular trading can occur. Investors should plan their trading strategies in advance to avoid losses caused by trading during market closures.

Major Global Stock Markets Trading Hours Comparison Table

Besides US stocks, other countries’ stock markets are also noteworthy. The following lists the opening and closing times of popular global stock markets:

Exchange	Local Trading Hours	Corresponding Beijing Time
China A-shares (Shanghai/Shenzhen)	9:30~11:30 / 13:00~15:00	9:30~11:30 / 13:00~15:00
Tokyo Stock Exchange (Japan)	9:00~11:30 / 12:30~15:00	8:00~10:30 / 11:30~14:00
London Stock Exchange (UK)	8:00~16:30	16:00~00:30
Hong Kong Exchanges	9:15~16:00	9:15~16:00
Toronto Stock Exchange (Canada)	9:30~16:00	22:30~05:00
Deutsche Börse (Germany)	8:00~22:00	15:00~5:00
Australian Securities Exchange	10:00~16:00	8:00~14:00
Bombay Stock Exchange (India)	9:15~15:30	6:45~18:00

By comparing the trading hours of major global exchanges, investors can develop more flexible global asset allocation strategies.

Key Points Investors Must Know Before Investing in US Stocks

Understanding the opening and closing times of US stocks and the complete US market holiday schedule is essential for planning investments. For Asian investors, key points include adapting to the daylight saving time changes and completing position adjustments before US markets close. Combining this with global stock market schedules enables cross-market trading opportunities.

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