Wondering “Is the stock market open today?” Around Thanksgiving, trading hours shift unexpectedly. The NYSE and Nasdaq close fully on Thanksgiving Day, with a rare early closure at 1 p.m. ET on Black Friday.
While most 2025 holidays follow federal schedules, AI-driven volatility adds urgency to tracking real-time openings. Markets remain closed weekends, with 10 annual closures including New Year’s Day and Christmas. Plan trades using the 9:30 a.m. to 4 p.m. ET weekday window—but always verify holiday exceptions.
- Thanksgiving trading hours: U.S. markets close early at 1:00 PM ET on November 27 (Thanksgiving Eve) and remain closed on November 28 (Thanksgiving Day), with limited pre-market activity on Black Friday.
- 2025 holiday closures: Key dates include January 1 (New Year’s Day), July 4 (Independence Day), and December 25 (Christmas), with partial closures on July 3 and December 24 (early closes at 1:00 PM ET).
- Market volatility alert: Recent whipsaw movements reflect AI bubble concerns and Fed policy uncertainty, though Thanksgiving week saw unexpected early gains in U.S. equities.
Is the Stock Market Open Today?
The U.S. stock market operates Monday through Friday, except for designated holidays. Today’s trading status depends on the date and any special closures. For example, major exchanges like NYSE and NASDAQ close entirely on holidays such as New Year’s Day, Independence Day, Thanksgiving, and Christmas.
On semi-trading days like the day after Thanksgiving (November 28, 2025), markets close early at 1:00 PM EST. This allows traders to adjust positions while maintaining market liquidity. Always verify the current trading schedule through official exchange announcements.
Real-Time Trading Hours
Regular trading hours run from 9:30 AM to 4:00 PM EST. Pre-market (4:00-9:30 AM EST) and after-hours (4:00-8:00 PM EST) sessions offer extended opportunities but with higher volatility.
What Time Does the Stock Market Close for Thanksgiving?
Thanksgiving Day (November 27, 2025) sees a complete market shutdown. The following Friday (November 28) operates as a half-day, closing at 1:00 PM EST. Historically, these abbreviated sessions show:
| Year | Post-Thanksgiving Volume | Avg. S&P 500 Move |
|---|---|---|
| 2023 | 45% below average | -0.12% |
| 2024 | 52% below average | +0.08% |
Black Friday Trading Patterns
Despite retail frenzy, equities typically experience subdued activity. Many institutional traders extend holidays, resulting in:
- Thinner order books
- Wider bid-ask spreads
- Algorithm-dominated price action
2025 Stock Market Holidays List
Mark your calendars for these confirmed closures:
- January 1 – New Year’s Day
- January 20 – MLK Jr. Day
- April 18 – Good Friday
- July 4 – Independence Day (Full closure, July 3 early close)
- November 27 – Thanksgiving
- December 25 – Christmas
Is the Stock Market Open Tomorrow?
Tomorrow’s opening depends on:
- Weekday status (no weekend trading)
- Upcoming holidays (check 2025 calendar)
- Emergency closures (extreme weather, technical issues)
Futures and Forex Exceptions
While equities close, some derivatives markets operate limited hours. For example, CME Group’s Globex platform runs abbreviated sessions for:
- E-mini S&P 500 futures (-34% normal volume)
- Gold futures (+12% volatility)
How Early Closures Affect Your Portfolio
Half-days create unique dynamics:
- ETF Rebalancing – Funds tracking indexes may trade at premiums/discounts
- Margin Requirements – Brokers often tighten leverage before long weekends
- Overnight Risk – Gaps increase with extended market closures