The stock market is closed on July 4th every year, and whether July 5th is open depends on what day of the week July 4th falls
The New York Stock Exchange (NYSE) and Nasdaq close on July 4th for Independence Day, no matter what day of the week it is. When July 4th lands on a Thursday, the market reopens on Friday, July 5th — a normal trading day. When July 4th lands on a Friday, the market stays closed on Monday, July 7th as well. When July 4th lands on a Wednesday or earlier in the week, July 5th is a regular trading day with standard hours.
The specific closure pattern repeats on a seven-year cycle because of how the calendar works. You can check the NYSE holiday calendar or Nasdaq holiday calendar for the exact year you're asking about — both publish their full closure schedules years in advance, so you can plan around them.
Key Takeaways
- The stock market closes on July 4th every year for Independence Day, regardless of what day of the week it falls on.
- If July 4th is a Thursday, July 5th is a normal trading day; if July 4th is a Friday, the market is also closed on Monday, July 7th.
- Both the NYSE and Nasdaq follow the same holiday schedule and close on identical days.
- You can place orders during market closures, but they won't execute until the market reopens, possibly at a different price than you expected.
- The bond market, Treasury market, and forex market all close on July 4th along with the stock market.
How to check if the market is open on a specific date
The easiest way is to visit the official holiday calendar on the NYSE website or Nasdaq website. Both list every market closure for the current and upcoming years. You can bookmark these pages if you trade regularly or need to reference them multiple times a year.
If you use a brokerage account — through Fidelity, Charles Schwab, E-Trade, Interactive Brokers, or another firm — your account dashboard usually displays market hours and upcoming closures. Some brokerages send email reminders before extended closures or holiday weekends. Your broker's mobile app often shows the market status at a glance.
What happens to your trades when the market is closed
You can still place orders during market closures, but they won't execute until the market reopens. If you submit a market order (an order to buy or sell at the current price) after hours or on a holiday, it will sit in your brokerage's system and execute at the next market open, possibly at a different price than you expected. This is especially risky if significant news breaks while the market is closed.
Limit orders — orders that only execute at a price you specify — also wait until the market reopens. If you place a limit order on July 4th, it could execute on July 5th or later, depending on whether the stock ever reaches your price. Stop-loss orders work the same way: they sit dormant until the market opens and then trigger if the price hits your threshold.
The risk of price gaps is real. If a company announces earnings or a major event while the market is closed, the stock price when trading resumes may be significantly higher or lower than where it closed before the holiday. Your order will execute at the new price, not the old one.
Other summer market closures to know about
Independence Day is the only summer federal holiday that closes the stock market. The market does not close for Memorial Day (last Monday in May) or Labor Day (first Monday in September) — those are federal holidays, but the market stays open on both days with regular hours.
The full list of NYSE and Nasdaq closures includes New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Good Friday, Independence Day, Thanksgiving Day, and Christmas Day. The market also closes early (at 1 p.m. Eastern time) on the day after Thanksgiving and on Christmas Eve if it falls on a weekday. Early closures mean you have limited time to trade, so plan accordingly.
Planning trades around holiday closures
If you're planning to buy or sell around a holiday, place your order the trading day before the closure. This gives you control over the price and timing instead of leaving your order to execute when the market reopens, possibly at a worse price. On July 3rd, you know exactly what price you're getting. On July 5th, you don't.
Be aware that prices can move significantly over a market closure, especially if news breaks while the market is closed. If you hold a position through a closure, the price when the market reopens may be very different from the price when it closed. This is why some traders reduce their positions before long weekends or holidays.
If you're a long-term investor who doesn't trade frequently, holiday closures usually don't affect your strategy. If you're an active trader or day trader, mark these dates on your calendar and adjust your trading plan accordingly.
After-hours and pre-market trading on July 4th
The stock market does not have after-hours trading on federal holidays. Regular after-hours trading (4 p.m. to 8 p.m. Eastern) only happens on days the market is open during regular hours. On July 4th, no trading happens at any time through the major U.S. exchanges.
Pre-market trading (before 9:30 a.m. Eastern) also does not happen on July 4th. If you're used to trading in the pre-market session, you'll need to wait until the market reopens on July 5th or 7th, depending on the year.
Frequently Asked Questions
What if I need to sell stock on July 4th?
You cannot sell on July 4th itself. You can place a sell order before the market closes on July 3rd, or wait until the market reopens on July 5th (or July 7th, depending on the year). If you're concerned about price movement, place a limit order on July 3rd specifying the minimum price you'll accept.
Do international stock markets close on July 4th?
No. International exchanges like the London Stock Exchange, Tokyo Stock Exchange, and others stay open on July 4th because it is a U.S. holiday only. If you trade international stocks or ADRs (American Depositary Receipts), you can still trade them on July 4th through their home exchanges, though volume may be lower.
Is the bond market closed on July 4th?
Yes. The bond market, Treasury market, and forex market all close on July 4th along with the stock market. All major U.S. financial markets observe the same federal holiday schedule, so you cannot trade any of these asset classes on Independence Day.
Can I place orders on my phone during the market closure?
Yes, you can place orders through your brokerage app or website at any time, including July 4th. The order will sit in your account until the market reopens. Just remember that market orders will execute at whatever price the stock is trading at when the market opens, which may be very different from the price you saw before the closure.