What time do stock markets close on Thanksgiving Day?

U.S. stock markets will be closed Thursday in observance of Thanksgiving Day and shutter early on Black Friday. The New York Stock Exchange and Nasdaq will close at 1 p.m. ET Friday. The Securities Industry and Financial Markets Association recommends that bond markets close Thanksgiving and halt trading at 2 p.m. on Black Friday.

Which stores are closed on Thanksgiving?

More stores will be closed Thanksgiving than in past years and those stores that are open will be operating with reduced hours. Walmart and Target, which for years opened on the holiday for Black Friday sales, are closed and reopen Friday. Because of state laws, Maine, Massachusetts and Rhode Island stores also will be closed.

Why do stock markets abbreviate the Friday after Thanksgiving?

Since 1992, stock exchanges have adhered to an abbreviated trading schedule the Friday after Thanksgiving in the U.S. The key driver for the abbreviated session is the ghost-town trading atmosphere that typically ensues the day after all the cranberry sauce and stuffing have been devoured.

What is a stock market holiday?

In a nutshell, it is any non-weekend day when the NYSE and Nasdaq exchanges markets are closed. Typically, these are for major holidays like Thanksgiving or Christmas.