^GSPC Today, December 31: NYSE/Nasdaq Open; Bonds Close 2 p.m. ET
Is the stock market open onnew? For Canadians trading U.S. listings, yes. On December 31, NYSE and Nasdaq operate regular stock market hours, while the U.S. Treasury and corporate bond market observe an early bond market close at 2 p.m. ET. Markets are shut for the New Year’s Day holiday on January 1, and the next trading day is Friday, January 2, 2026. Below we outline today’s schedule, policy nuances, and practical steps to manage spreads, liquidity, and orders.
December 31 schedule for Canadian investors
U.S. stock exchanges run normal operations on Tuesday, December 31. Canadian investors can place orders in U.S. equities during standard hours through their broker. Liquidity may thin late in the day as trading desks wrap up. Confirm any platform cutoffs for special order types or extended-hours access. For public guidance on today’s stock market hours, see Is the stock market open or closed on New Year’s Eve 2025? What to know.
The U.S. cash Treasury and many corporate bond venues close early at 2 p.m. ET, which is 11 a.m. PT. Some platforms may stop accepting bond orders shortly before the cutoff. Bond-linked ETFs can show wider spreads near the early close. Check your broker’s holiday procedures for platform-specific submission and routing times to avoid last-minute surprises.
Holiday closures and Jan. 2, 2026 status
U.S. equities and fixed income are closed on January 1 for the New Year’s Day holiday. The next U.S. trading day is Friday, January 2, 2026, with normal hours. If you need cash for settlements or FX, plan funding before the holiday window to prevent delays from bank closures on January 1 and limited staffing around year end.
Florida state offices will close on Friday, January 2, but it is not a U.S. federal holiday. Federal offices remain open, and U.S. equity trading hours are unchanged. The Florida closure could affect staffing or customer support at some firms. We will monitor for any late federal action and update coverage. Reference: Is Jan. 2 a federal holiday? What to know about day after New Year’s.
Liquidity, spreads, and order execution today
Liquidity often fades into the equity close and around the bond market early close. Spreads can widen and execution quality may vary. We suggest using limit orders, avoiding market orders near the close, and staging entries or exits earlier in the session. If rebalancing, size trades for lower depth and consider splitting orders to reduce market impact.
An early bond close can mute rates price discovery, which can influence bond ETFs and rate-sensitive stocks. Adjust timing for tax-loss harvesting or duration shifts accordingly. Confirm settlement timelines, FX conversion windows, and margin requirements with your Canadian broker and U.S. custodian. Clarify any platform-specific order cutoffs that may precede the 2 p.m. ET bond close.
Final Thoughts
Here is the bottom line for Canadian investors today. U.S. equities run a regular session on December 31, while the U.S. bond market posts a 2 p.m. ET early close. Markets are closed on January 1 for the New Year’s Day holiday, then reopen Friday, January 2, 2026. Florida’s January 2 state office closure does not change federal status or U.S. equity trading hours, though staffing and liquidity can vary late in the day. Use limit orders, plan rebalancing earlier, and confirm platform cutoffs before the bond close. We will update this coverage immediately if any late federal action changes the January 2 status. If you searched “is the stock market open onnew,” the answer today is yes for equities and early close for bonds.
FAQs
No. NYSE and Nasdaq operate a regular session on December 31. Canadian investors can trade U.S. shares during normal U.S. stock market hours. Liquidity may be lighter later in the day, so use limit orders and avoid rushing orders into the closing minutes.
The U.S. cash Treasury market, and many corporate bond venues, close early at 2 p.m. ET, which is 11 a.m. PT. Some brokers may stop accepting bond orders shortly before that time. Check your platform’s holiday schedule for order submission cutoffs and routing details.
No. U.S. equities and bonds are closed for the New Year’s Day holiday. Plan cash transfers, FX conversions, and settlement needs ahead of time to avoid delays. Expect reduced staffing across banks and brokers around the holiday window, which can slow responses and processing.
Yes. Equities resume normal trading on Friday, January 2, 2026. Florida state offices are closed that day, but it is not a U.S. federal holiday, so federal offices remain open. Trading hours are unchanged, although some desks may have lighter staffing around the first week of January.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
