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Home / Business / Which markets are closed – and when – on New Year's Eve and New Year's Day?

Which markets are closed – and when – on New Year's Eve and New Year's Day?



Wall Street is set to bid farewell Monday to 2018, a year for most assets, for some investors, can not end soon enough. But market participants may be closed to take heart in the fact that a letter is due on New Year's Day.

On Monday, both New York Stock Exchange and Nasdaq want to observe regular trading hours, closing at 4 p.m. Eastern time. Regular trade will resume on Wednesday, Jan. 2.

However, the Securities Industry and Financial Markets Association recommends a 2 p.m. 10-year Treasury note. Eastern close, one hour earlier than the norm, for bond trading, including the closely watched 10-year Treasury note

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     TMUBMUSD10Y, -3.20%

.

Most global financial markets will be closed on Tuesday, Jan. 1, 2019, for New Year's Day.

Stocks in the U.S. December 1931.

The Dow Jones Industrial Average

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     DJIA, + 0.80%

has declined 9.7% thus far in December, while the S & P 500 index

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     SPX, + 0.43%

is down 9.9% during the period, and the Nasdaq Composite Index

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     COMP, + 0.39%

is off 10.2% through Friday's close. Those declines would represent the worst monthly drops since October 2008, according to FactSet data.

For the year, the Dow is in line for a 6.7% loss, with the S & P 500 down 7% and the Nasdaq Composite on pace for a 4.6% fall.

Xi Jinping via weekend phone conversations. Recent tweets from President Donald Trump Xi Jinping talked about weekend phone conversations.

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