Thanksgiving Day in 2025 is set to fall on Thursday, November 27. As a federal holiday, it will bring the closure of essential services such as banks and post offices, as well as a halt in the stock market’s activities. On the following day, November 28, recognized as Black Friday, various businesses will resume operations, including the stock market, albeit for limited hours.
Thanksgiving was formally designated as the fourth Thursday in November in 1941 under the administration of President Franklin D. Roosevelt. The date can vary between November 22 and November 28, but it consistently marks a day where governmental offices, schools, and major delivery services like UPS and FedEx are closed.
For investors and market watchers, understanding the stock market’s schedule during the Thanksgiving week can be particularly important. The New York Stock Exchange (NYSE) and the Nasdaq will both be closed on Thanksgiving, but they will open again on Black Friday. However, traders should be aware that both markets will have shortened hours, closing early at 1 p.m. ET as stated on each exchanges’ official websites.
In summary, the Thanksgiving holiday is a designated stock market closure, impacting both the Nasdaq and the NYSE. Regular trading hours for these exchanges are Monday through Friday from 9:30 a.m. ET to 4 p.m. ET, but on holidays like Thanksgiving and Black Friday, these hours shift. On the day after Thanksgiving, while both stock exchanges will be operational, they will close significantly earlier than usual.
Regarding other financial markets, the U.S. bond market will also be closed on Thanksgiving, with operations resuming on Black Friday until 2 p.m. ET for a “partial holiday” schedule. The typical trading hours for U.S. bond markets run from 8 a.m. ET to 5 p.m. ET.
Commodity futures markets, such as those managed by the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE), will also observe modified trading hours from November 27 to 29. Traders are encouraged to check specific schedules, as some commodities may experience early closures during this period.
Investors should be well-informed about these changes as they prepare for the Thanksgiving holiday and the subsequent Black Friday market activity.
