Thanksgiving 2025: Nasdaq, NYSE Close Early on Black Friday

This week saw the U.S. financial markets take a brief snooze for Thanksgiving, with the Nasdaq and the New York Stock Exchange both on holiday and closed all day on Thursday, November 27. Trading was back that Friday, November 28, but the two exchanges again closed down early at 1 p.m. Eastern Time.

The bond market was in sync with the stock market taking the same holidays; it was closed on Thursday and Friday, according to the Securities Industry and Financial Markets Association (SIFMA), the market would be open until 2 p.m. ET.

The end of the day on Black Friday for Wall Street would mark the start of normal trading hours lasting until the last week of December. The next scheduled market shutdown is for Christmas Day, which falls on a Thursday, Dec. 25. Markets will also close early at 1 p.m. ET on Christmas Eve, Dec. 24.

Investors that have Thanksgiving travel plans should be ready for the possibility of delays caused by severe weather that is expected in main U.S. regions. There are already some delays reported by the airlines and transport services since a big storm is moving across the country.

The holiday-shortened week, for traders and retail investors, means only a few trading opportunities will be there. The market players will usually switch their strategies around the early market closures to be able to manage their positions before the long breaks.

The schedule for the stock market holidays in the U.S. for the year 2025 is as follows:

Thanksgiving: Thursday, Nov. 27 (early close 1 p.m. ET on Nov. 28)

Christmas: Thursday, Dec. 25 (early close 1 p.m. ET on Dec. 24)

It remains to be seen if trading activities will be affected by the holiday shopping and seasonal market patterns, with Black Friday being the day normally associated with retail-driven stocks and high volatility in certain sectors.