Is the Stock Market Open on Thanksgiving in 2025?

(Image credit: Getty Images)

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%.

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 (2 pm)
Friday, April 18	Good Friday	Closed
Friday, May 23	Friday before Memorial Day	Early close (2 pm)
Monday, May 26	Memorial Day	Closed
Thursday, June 19	Juneteenth National Independence Day	Closed
Thursday, July 3	Day before Independence Day	Early close (2 pm)
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 (2 pm)
Wednesday, December 24	Christmas Eve	Early close (2 pm)
Thursday, December 25	Christmas Day	Closed
Wednesday, December 31	New Year's Eve	Early close (2 pm)

* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.