As the countdown to 2024 begins, investors and consumers are keen to know the operation hours of the stock market and banks on New Year’s Eve. According to the Wall Street Journal, the major U.S. stock exchanges including the New York Stock Exchange (NYSE) and the Nasdaq will close early on December 31, 2024. Trading will end at 1:00 PM ET, providing a shortened trading day ahead of the New Year festivities. It is important for investors to note that January 1, 2025, will be a market holiday, with both exchanges closed for the day as they observe the New Year’s Day holiday. Additionally, banks will also be closed on January 1, in adherence to federal holiday regulations. The Palm Beach Post highlighted that while some financial institutions may remain open for limited hours on New Year’s Eve, the majority will follow the same closure schedule as the stock markets on January 1. NBC Chicago further emphasized the need for consumers to plan their transactions accordingly, as ATM services will still be available. Financial experts recommend that investors ensure their transactions are executed before the markets close early on New Year’s Eve to avoid any unforeseen delays into the new year. Be prepared and adjust your trading strategies and banking needs around these holiday hours.
Stock Market and Bank Hours on New Year’s Eve: What You Need to Know
