2025-2026 US Stock Market Calendar Complete Guide

Latest Reminder: The United States entered Standard Time at 2:00 on November 2, 2025. Regular trading hours are from 22:30 to 05:00 the next day Taiwan time.

I. Quick Reference for U.S. Stock Trading Rules and Opening Hours

The U.S. stock market consists of three major exchanges: the New York Stock Exchange, NASDAQ, and the American Stock Exchange. Although each operates independently, in most cases, all exchanges’ trading hours are fully synchronized.

Overview of U.S. Stock Trading Hours (Eastern Time)

Trading Session Trading Days Trading Hours
Pre-market Monday to Friday 4:00 - 9:30
Regular Monday to Friday 9:30 - 16:00
After-hours Monday to Friday 16:00 - 20:00

Basic Trading Information

  • Currency: USD
  • Trading Unit: 1 share
  • Settlement: T+3
  • Commission: Manual 1%; Electronic 0.5%-1%

II. Switching Between Daylight Saving and Standard Time — Essential Knowledge for Taiwanese Investors

Due to seasonal adjustments for Daylight Saving Time and Standard Time in the U.S., while Asia remains unchanged year-round, Taiwanese investors must regularly adjust their time difference awareness to avoid missing trading opportunities.

Time Change Rules

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

Correspondence of U.S. Stock Trading Hours to Taiwan Local Time

U.S. Trading Hours Taiwan Local Time (Summer) Taiwan Local Time (Winter)
9:30-16:00 21:30-4:00 22:30-5:00
4:00-9:30 16:30-21:30 17:00-22:30
16:00-20:00 4:00-8:00 5:00-9:00

Tip: Different states may have special regulations regarding DST; always reconfirm before trading.

III. U.S. Stock Market Holidays in 2025

U.S. markets are closed on federal holidays. Investors should plan ahead to avoid trading losses during these days.

Date Holiday Trading Status
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 National Independence Day (Observed) Closed
Jul 3 Day before Independence Day Closes early at 3 hours before close
Jul 4 Independence Day Closed
Sep 1 Labor Day Closed
Nov 27 Thanksgiving Day Closed
Nov 28 Day after Thanksgiving Closes early at 3 hours before close
Dec 24 Christmas Eve Closes early at 3 hours before close
Dec 25 Christmas Day Closed

IV. U.S. Stock Market Holidays in 2026

Plan ahead for the full year’s holiday schedule:

Date Holiday Trading Status
Jan 1 New Year’s Day Closed
Jan 19 Martin Luther King Jr. Day Closed
Feb 16 Washington’s Birthday Closed
Apr 3 Good Friday Closed
May 25 Memorial Day Closed
Jun 19 Juneteenth National Independence Day (Observed) Closed
Jul 3 Independence Day (July 4 falls on Saturday, so market closes early on Friday) Closed
Jul 4 Independence Day Closed
Sep 7 Labor Day Closed
Nov 26 Thanksgiving Day Closed
Nov 27 Day after Thanksgiving Closes early at 3 hours before close
Dec 24 Christmas Eve Closes early at 3 hours before close
Dec 25 Christmas Day Closed

V. Understanding the Three Major U.S. Stock Exchanges

Although U.S. stock trading hours are unified, each of the three major exchanges has its own characteristics. Knowing their differences helps investors choose suitable trading targets.

New York Stock Exchange (NYSE)

Based on total market capitalization of listed securities, NYSE is the world’s largest stock exchange, with over 3,500 listed stocks. It primarily uses electronic trading, but floor trading remains important for pricing and large institutional trades.

NASDAQ

As the world’s first fully electronic securities market, NASDAQ operates entirely via electronic trading, with investors trading directly via phone or internet. Many high-tech companies, such as Microsoft and Apple, are listed here.

American Stock Exchange (AMEX/NYSE American)

The third-largest U.S. trading platform, similar in mode to NYSE, mainly listing small- and mid-cap stocks. It is unique as the only exchange that trades stocks, futures, and derivatives simultaneously. After merging with NYSE in 2008, it was renamed NYSE American.

VI. Major Global Stock Market Opening and Closing Times (Reference)

Besides U.S. stocks, investors may also want to monitor other countries’ markets. Here are the trading hours of major global stock exchanges:

Exchange Trading Hours Taiwan Local Time
Shanghai Stock Exchange 9:30-11:30 13:00-15:00 9:30-11:30 13:00-15:00
Tokyo Stock Exchange 9:00-11:30 12:30-15:00 8:00-10:30 11:30-14:00
London Stock Exchange 8:00-16:30 16:00-00:30
Hong Kong Stock Exchange 9:15-16:00 9:15-16:00
Toronto Stock Exchange 9:30-16:00 22:30-05:00
Deutsche Börse 8:00-22:00 15:00-5:00
Australian Securities Exchange 10:00-16:00 8:00-14:00

Key Tip: Mastery of U.S. market hours and Taiwan time difference is fundamental for Taiwanese investors participating in U.S. stock trading. Regularly monitor DST changes to avoid trading time errors.

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