Is the Stock Market Open on Thanksgiving in 2025?
Investors can sit back and enjoy a full day of turkey and football on Thursday, with the stock market closed on Thanksgiving.
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Is the stock market open on Thanksgiving in 2025? The answer to this question is no. The stock market will be closed Thursday, November 27, for the Thanksgiving holiday. Bond traders will get the day off too, with bond markets also closed on Thursday.
And unlike some holidays, there are no early hours for bond traders ahead of Thanksgiving, as regular trading hours will be observed on Wednesday, November 26. However, both the stock and bond markets will close early on Black Friday, which falls on Friday, November 28, this year, at 1 pm and 2 pm Eastern time, respectively.
November has been a rough month for investors, sparked by concerns of a too-hot AI trade and a slowing economy. As of this writing, the Dow Jones Industrial Average is down 1.7% since the start of the month, while the S&P 500 is 1.9% lower and the Nasdaq Composite has shed 3.9%.
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But David Laut, chief investment officer at Kerux Financial, isn't overly concerned. "Many of November's fears about AI and a cratering job market have ended up not coming to fruition, which suggests that we are seeing a traditional market pullback in recent weeks and not the start of a deeper correction," says Laut. And this pullback "paves the way for a market rebound and rally in December."
Given that valuations remain stretched even with this month's decline, Laut says he's been adding positions to value stocks in recent weeks "to limit valuation risk in the portfolio."
As for those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) run from 9:30 am to 4:00 pm Eastern time Monday through Friday.
Are banks open on Thanksgiving? The answer to that question is no. Thursday, November 27, is one of several bank holidays in 2025, and so banks will be closed.
Below, we feature a full schedule of all stock market holidays and bond market holidays for 2025.
2025 stock market holidays
Date | Holiday | NYSE | Nasdaq |
Wednesday, January 1 | New Year's Day | Closed | Closed |
Monday, January 20 | Martin Luther King, Jr. Day | Closed | Closed |
Monday, February 17 | Presidents' Day/Washington's Birthday | Closed | Closed |
Thursday, April 17 | Maundy Thursday | Open | Open |
Friday, April 18 | Good Friday | Closed | Closed |
Friday, May 23 | Friday before Memorial Day | Open | Open |
Monday, May 26 | Memorial Day | Closed | Closed |
Thursday, June 19 | Juneteenth National Independence Day | Closed | Closed |
Thursday, July 3 | Day before Independence Day | Early close (1 pm) | Early close (1 pm) |
Friday, July 4 | Independence Day | Closed | Closed |
Monday, September 1 | Labor Day | Closed | Closed |
Monday, October 13 | Columbus Day/Indigenous Peoples' Day | Open | Open |
Tuesday, November 11 | Veterans Day | Open | Open |
Thursday, November 27 | Thanksgiving Day | Closed | Closed |
Friday, November 28 | Day after Thanksgiving/Black Friday | Early close (1 pm) | Early close (1 pm) |
Wednesday, December 24 | Christmas Eve | Early close (1 pm) | Early close (1 pm) |
Thursday, December 25 | Christmas Day | Closed | Closed |
Wednesday, December 31 | New Year's Eve | Open | Open |
2025 bond market holidays
Date | Holiday | Bond Markets |
Wednesday, January 1 | New Year's Day | Closed |
Monday, January 20 | Martin Luther King, Jr. Day | Closed |
Monday, February 17 | Presidents' Day/Washington's Birthday | Closed |
Thursday, April 17 | Maundy Thursday | Early close |
Friday, April 18 | Good Friday | Closed |
Friday, May 23 | Friday before Memorial Day | Early close |
Monday, May 26 | Memorial Day | Closed |
Thursday, June 19 | Juneteenth National Independence Day | Closed |
Thursday, July 3 | Day before Independence Day | Early close |
Friday, July 4 | Independence Day | Closed |
Monday, September 1 | Labor Day | Closed |
Monday, October 13 | Columbus Day/Indigenous Peoples' Day | Closed |
Tuesday, November 11 | Veterans Day | Closed |
Thursday, November 27 | Thanksgiving Day | Closed |
Friday, November 28 | Day after Thanksgiving/Black Friday | Early close |
Wednesday, December 24 | Christmas Eve | Early close |
Thursday, December 25 | Christmas Day | Closed |
Wednesday, December 31 | New Year's Eve | Early close |
* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.
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