As the year-end double festival approaches, global financial markets enter "Christmas mode." Coupled with the impact of the New Year's holiday, trading hours will undergo significant adjustments (including major markets such as US stocks and international futures, based on Beijing time):

◎ December 24 (Christmas Eve): Affected by the overseas market's early closing practice, trading will close early at 2:45 AM on December 25. Trading activity may become subdued due to tightened liquidity before the holiday;

◎ December 25 (Christmas): Most global exchanges will close simultaneously, suspending trading for the entire day, reflecting the seasonal market rhythm of the "Santa Claus rally";

◎ December 26: Markets will resume normal trading, with the earlier expectations of Federal Reserve interest rate cuts and US GDP data gradually impacting the market;

◎ January 1, 2026 (New Year's Day): Many exchanges will regularly close, suspending trading for the entire day to build momentum for the 2026 market.

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