NYSE and Nasdaq · July 4th
Is the Stock Market Open on Independence Day?
No. The stock market is closed on Independence Day. Because July 4 moves around the week, the exchanges use observed dates: Friday, July 3 in 2026, Monday, July 5 in 2027, and the day itself, Tuesday, July 4, in 2028.
Independence Day across US markets
Stocks, options, bonds, futures, forex
| Market | On Independence Day | Hours |
|---|---|---|
| Stocks (NYSE, Nasdaq) | Closed | Closed all day |
| Options (Cboe, Nasdaq, NYSE Arca) | Closed | Closed all day |
| Bonds (US Treasuries, SIFMA) | Closed on the observed holiday. The day before is a SIFMA early close at 2:00 p.m. ET (July 2, 2026). | |
| Futures (CME Globex) | CME Globex trades a reduced holiday schedule on July 4; see the CME calendar. | |
| Forex | Open. Forex has no other holidays; expect thin liquidity around US holidays. | |
What traders should know about Independence Day
The observed-date rule is simple: a Saturday July 4 is observed on Friday, July 3; a Sunday July 4 is observed on Monday, July 5; a weekday July 4 is the holiday itself. That is why the closure lands on a different date each of the next three years.
When July 3 is a trading day that precedes the holiday, the NYSE closes early at 1:00 p.m. ET. That applies in 2028, when Monday, July 3 is a 1:00 p.m. early close ahead of Tuesday's holiday. In 2026 there is no early close because July 3 is the holiday itself, and in 2027 July 3 is a Saturday.
The bond market follows the same observed date for its full close and adds a 2:00 p.m. ET early close on the preceding business day, July 2 in 2026. Expect the lightest volume of the summer around the holiday, with many desks thinly staffed for the whole week.
Independence Day questions
Is the stock market open on July 3?
It depends on the year. In 2026 July 3 is the observed holiday, so no. In 2028 July 3 is a trading day with a 1:00 p.m. ET early close. In 2027 it is a Saturday.
Is the stock market open on July 5?
In 2027 July 5 is the observed holiday (July 4 is a Sunday), so the market is closed. In 2026 and 2028 July 5 is a normal session.
Does the market close early before Independence Day?
Only when the day before the holiday is a weekday trading day, and then at 1:00 p.m. ET. 2028 is the next year that happens.