The Nasdaq and New York Stock Exchange will both close at 1 p.m. ET on Christmas Eve. The U.S. bond market will also have an early closure on Dec. 24, with markets set to close at 2 p.m. ET and remain closed on Christmas Day, according to the Securities Industry and Financial Markets Association.

BANGKOK (AP) — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. One shadow over markets was cleared when U.S. lawmakers passed a budget deal in the early hours of Saturday, narrowly averting a pre-Christmas government shutdown.