Even though New Year's Eve is celebrated by many with parties, firework displays and more, the day is actually is not a federal holiday, similar to Christmas Eve. Yes. According to the U.S. Office of Personnel Management, New Year’s Day is a federal holiday.

The bond market in the United States is open for a shortened trading day on New Year’s Eve, but the stock market is open regular hours. Both are closed on New Year’s Day. Traders and investors will be taking the day off Wednesday,

New Year’s Eve is a time of celebration, with many planning parties and events to welcome the new year. However, on the final night of the year and New Year’s Day, the schedules of businesses, government offices,