There are two different sets of hours. One for the pit and one for Globex.
The pit hours start at 8:30 AM CT to 3:15 PM CT and reopens for a couple minutes once brokers are finished clearing their decks, this is called the post. The pit is open on non-holiday weekdays. It is possible to trade the pit electronically but I do not know anyone that does it.
Globex opens on Sunday at 5:oo PM CT to 3:15 pm the following day and 3:30 to 4:30 and than 5:00 PM CT to 3:15 the next day. Said more simply. Non-holidays Globex opens on Sunday at 5 and closes on Friday at 3:15. During the weekday it is closed from 3:15 PM CT for 15 minutes and 4:30 PM CT for 30 minutes, except on Friday.
In the case of a holiday it depends on when the holiday occurs if the market is open and its hours.
For more CME product hours click here.
For CME hoilday schedules click here.
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