n business, the trading day or regular trading hours (RTH) is the time

span that a particular stock exchange is open. For example, the New
York Stock Exchange is, as of 2015, open from 9:30 AM Eastern Time
to 4:00 PM Eastern Time. Trading days are usually Monday to Friday.
When a trading day ends, all share trading ends and is frozen in time
until the next trading day begins. There are several other special
circumstances which would lead to a shortened trading day, or no
trading day at all, such as on holidays.
The NYSE and NASDAQ average about 253 trading days a year. This is from
365.25 (days on average per year) * 5/7 (proportion work days per week) - 6
(weekday holidays) - 3*5/7 (fixed date holidays) = 252.75 ≈ 253. The holidays
are New Year's Day, Martin Luther King Jr. Day, Washington's Birthday, Good
Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and
Christmas Day.[1] Up to three trading days (the day before
Independence Day, the day after Thanksgiving, and Christmas Eve) are
shortened, i.e. the exchanges are open from 9:30AM–1:00PM, depending on
where they fall in the calendar year.