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As investors begin the new calendar year, many investors are wondering whether U.S. equity markets are open on New Year’s Day.
The answer is no.
Both the New York Stock Exchange and the Nasdaq would be closed on Jan. 1 in observance of the New Year’s Day holiday. U.S. equity markets do not operate on Jan. 1 each year, and there is no regular trading session for stocks or exchange-traded funds.
Markets would wrap up the final trading session of 2025 on Dec. 31, a typical trading day. Stocks would trade between 9:30 a.m. and 4:00 p.m. ET before markets shut down for the holiday. Trading will resume on Friday, Jan. 2, when U.S. exchanges reopen for the first session of 2026.
Bond markets will also remain closed on Thursday, in line with the New Year’s Day holiday schedule.
Trading activity around year-end is typically lighter as many institutional investors remain on holiday. As a result, price action during the final sessions of the year can sometimes be more muted or more volatile, depending on positioning and liquidity.
With markets closed on Thursday, investor attention is already shifting toward expectations for 2026. Wall Street is entering the new year focused on the outlook for interest rates, economic growth, and corporate earnings.
The Federal Reserve’s policy path remains a central theme. Investors are watching upcoming inflation and labor data for signals on whether rate cuts could come later in the year. Any change in expectations around monetary policy could influence equity valuations as trading resumes.
Corporate earnings will also be closely monitored as companies begin reporting quarterly results later in January. Guidance from major firms is expected to shape sentiment early in the year, particularly as analysts assess whether profit growth can remain resilient amid slower economic momentum.
Market participants are also keeping an eye on broader risk appetite after U.S. stocks closed 2025 near record levels. Some strategists have noted that positioning at the start of the year could influence early January moves once trading resumes.
Also See: How Do Interest Rates Affect Stock Markets?
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