Understanding when does stock market close PST is crucial for anyone involved in trading, especially those active in both traditional equities and the fast-paced crypto sector. This article breaks down the official closing times of major stock exchanges in Pacific Standard Time, highlights their impact on crypto trading, and offers actionable insights for maximizing your trading strategy with Bitget.
The closing time of the U.S. stock market is a fundamental reference for traders worldwide. The New York Stock Exchange (NYSE) and NASDAQ both close at 1:00 PM PST (4:00 PM EST) on regular trading days. This schedule is consistent throughout the year, except during U.S. Daylight Saving Time, when the time difference may shift. As of June 2024, according to the official NYSE calendar, standard closing remains at 1:00 PM PST on weekdays, excluding market holidays.
Knowing when does stock market close PST helps traders synchronize their activities across different asset classes and avoid missing critical market moves.
For crypto traders, understanding when does stock market close PST is more than a technicality. Traditional stock market closures often coincide with increased volatility in crypto markets, as traders shift focus or react to after-hours news. For instance, after the NYSE closes, crypto exchanges like Bitget remain open, offering continuous trading opportunities.
According to a June 2024 report from CoinDesk, average trading volumes on major crypto exchanges increase by up to 18% in the two hours following the U.S. stock market close. This pattern highlights the importance of aligning your trading strategy with these time windows, especially if you use Bitget for crypto derivatives or spot trading.
As of June 2024, the U.S. stock market continues to see robust daily trading volumes, with the NYSE averaging over $90 billion in daily transactions (Source: NYSE official statistics, June 2024). Meanwhile, Bitget has reported a 22% increase in new user registrations during U.S. market after-hours, reflecting growing interest in 24/7 crypto trading.
On-chain data from Bitget Wallet shows a 15% rise in wallet activity between 1:00 PM and 3:00 PM PST, immediately after the stock market closes. This trend underscores the synergy between traditional and crypto markets, making it essential to know when does stock market close PST for optimal portfolio management.
Many new traders mistakenly believe that stock and crypto markets follow the same schedule. In reality, while the U.S. stock market closes at 1:00 PM PST, crypto platforms like Bitget operate around the clock. This distinction is vital for risk management and seizing after-hours opportunities.
While knowing when does stock market close PST is essential for timing your trades, leveraging a platform like Bitget ensures you never miss an opportunity. With 24/7 access, robust security, and real-time analytics, Bitget empowers you to act on market movements—no matter the hour.
Ready to optimize your trading strategy? Explore Bitget’s features today and stay ahead of the curve!