New Year's eve day 2025: Is December 31 a holiday in United States of America? Are Walmart, Target, Costco, banks, post office, stock markets open on New Year's Eve? Check what's open, what's closed

New Year's eve day 2025 is here and people are eagerly waiting to usher in a new year. Many people in the United States of America are curious about whether December 31 is a federal holiday or not. Also, many U.S. citizens want to know that is December 31 a federal holiday and whether banks, post office, stock markets are opened and closed.

Is December 31 Federal Holiday in U.S.?

December 31 is not a federal holiday or official holiday in the U.S. So all the government offices will be in operational.


New Year's Eve: What's Open, What's Closed?

Banks, USPS or postal services will function as usual. However, the stock market will have a curtailed operational hours.

Nasdaq and NYSE will open on Wednesday, December 31. However, all indexes will close at around 1 pm (ET).

Walmart, Target, Costco, Aldi and Trader Joe's and CVS and Walgreens will open on December 31 but these stores will reportedly have curtailed hours on New Year's Eve.

After the crystal ball drops on New Year’s Eve in New York City, it will rise again, sparkling in red, white and blue to usher in 2026 and kick off months of celebrations for the nation’s upcoming 250th birthday.

The patriotic touches at this year's Times Square gathering, including a second confetti drop, will offer an early glimpse of what’s ahead: hundreds of events and programs, big and small, planned nationwide to mark the signing of the Declaration of Independence in 1776.

A New Year’s Eve ball was first dropped in Times Square in 1907. Built by a young immigrant metalworker named Jacob Starr, the 700-pound (318-kilogram), 5-foot- (1.5-meter-) diameter ball was made of iron and wood and featured 100 25-watt light bulbs. Last year, the Constellation Ball, the ninth and largest version, was unveiled. It measured about 12 feet (3.7 meters) in diameter and weighs nearly 12,000 pounds (5,400 kilograms).

The only years when no ball drop occurred were 1942 and 1943, when the city instituted a nightly “dimout” during World War II to protect itself from attacks. Crowds instead celebrated the new year with a moment of silence followed by chimes rung from the base of One Times Square.

FAQs

Q1. When will Wall Street close?

A1. Nasdaq and NYSE will open on Wednesday, December 31. However, all indexes will close at around 1 pm (ET).

Q2. What are main indexes of U.S. Stock Market?

A2. Main indexes of U.S. Stock Market are -- S&P 500, Dow Jones, Nasdaq.