When most people talk about "the stock market," they mean the New York Stock Exchange in Manhattan.Understanding the stock market starts with understanding the basics like, how does the stock market work, and when is it open and when does it close.
Where Is The New York Stock Exchange
The NYSE is located in New York, New York at 11 Wall Street between Broad Street and New Street and is the largest stock exchange in the world. Additional trading rooms and other facilities are located in other buildings along Broad Street.
The NYSE is part of NYSE Euronext which operates several exchanges worldwide, including the Euronext exchange in Paris, France.
When Is The NYSE Opening Bell
What time does the stock market open, is a frequent question of new investors. Part of the difficulty lies in time zones which can make it difficult to remember if the NYSE opens at 8:30 a.m. your time or New York time.
The New York Stock Exchange opens Monday through Friday at 9:30 a.m. Eastern Time. Eastern Time is GMT -4 during dayli Daylight Savings Time and GMT -5 when on standard time. The opening bell is literally a ringing bell which is often ceremoniously started as a promotional opportunity by either the representatives of an exchange traded company, or by other persons such as representatives of charities or other groups.
New York Stock Exchange Closing Bell
The stock exchange closes each day at 4:00 p.m. The market's closing is signified by the same bell that opens the exchange in the morning, and also concludes with the banging of a gavel
New York Stock Exchange Holidays Calendar
The NYSE trading floor is closed each year for several major holidays. If New Year's Day falls on the weekend the market is not closed for New Years. The 2009 New York Stock Exchange Holiday calendar shows the market closed for:
New Year's Day
Martin Luther King, Jr. Day
Independence Day (July 3rd)
For 2010, the NYSE will be closed for the same holidays. Independence Day will be observed on July 5th because the 4th of July falls on a Sunday in 2010.
NYSE Trading Floor
The stock exchange floor is seen on many news programs at both the market opening and the closing, as well as in numerous movies. However, regular visitors are not allowed on the stock exchange floor at any time.