NYSE and Nasdaq · Thanksgiving Day
Is the Stock Market Open on Thanksgiving?
No. The stock market is closed on Thanksgiving Day, the fourth Thursday of November. The following day, Black Friday, is a trading day but ends early at 1:00 p.m. ET.
Thanksgiving across US markets
Stocks, options, bonds, futures, forex
| Market | On Thanksgiving | Hours |
|---|---|---|
| Stocks (NYSE, Nasdaq) | Closed | Closed all day |
| Options (Cboe, Nasdaq, NYSE Arca) | Closed | Closed all day |
| Bonds (US Treasuries, SIFMA) | Closed on Thursday. The day after Thanksgiving is a SIFMA early close at 2:00 p.m. ET. | |
| Futures (CME Globex) | CME Globex trades a shortened Thanksgiving session and a shortened Friday; see the CME calendar. | |
| Forex | Open. Forex has no other holidays; expect thin liquidity around US holidays. | |
What traders should know about Thanksgiving
Thanksgiving is the only exchange holiday that is followed by a half day. The NYSE and Nasdaq close entirely on Thursday, then open on Friday for a shortened session from 9:30 a.m. to 1:00 p.m. ET. Options exchanges also close at 1:00 p.m., and SIFMA recommends a 2:00 p.m. ET close for the bond market.
The Wednesday before Thanksgiving is a full trading day. Volume tends to fade through the afternoon, and Friday's half session is usually one of the lowest-volume days of the year, which can exaggerate price moves in thin names.
Thanksgiving is always Thursday, so the dates are easy to predict: November 26, 2026; November 25, 2027; November 23, 2028. The early-close Fridays are November 27, 2026; November 26, 2027; and November 24, 2028.
Thanksgiving questions
Is the stock market open the day after Thanksgiving?
Yes, but only until 1:00 p.m. ET. Black Friday is a scheduled early close on the NYSE and Nasdaq.
Is the stock market open the Wednesday before Thanksgiving?
Yes, for the full 9:30 a.m. to 4:00 p.m. ET session.
What time does the market close on Black Friday?
1:00 p.m. ET for stocks and options. The bond market closes at 2:00 p.m. ET.