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Thanksgiving: NYSE and Nasdaq Closed, No Trading on November 23

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  //stocks-investing.news-articles.net/content/202 .. and-nasdaq-closed-no-trading-on-november-23.html
  Published in Stocks and Investing on Wednesday, November 26th 2025 at 5:55 GMT by USA Today

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Summary of “Is the stock market open on Thanksgiving and Black Friday? What to know” (MSN Money)

The article from MSN Money answers a common question among retail investors and traders: Will the U.S. stock market be open on Thanksgiving and Black Friday? It does more than just confirm the answer – it explains the exact schedule, what investors should expect in terms of trading volume and volatility, and where to find official holiday calendars for the NYSE and Nasdaq. Below is a detailed recap of the key points, including the extra context the piece offers through its embedded links.

1. Thanksgiving: A full‑day market closure

The piece begins by stating the obvious but important fact: the NYSE and Nasdaq are closed on Thanksgiving Day. For 2023, Thanksgiving fell on Wednesday, November 23. The article cites the NYSE’s own holiday schedule (link provided in the text) and confirms that the exchange will not open for any trading activity on that day. The Nasdaq, too, follows the NYSE’s holiday observances and will remain shut.

The article explains that the market closure on Thanksgiving is standard practice, mirroring the holiday schedule for most U.S. financial institutions. While the broader economy will still operate, the trading floor will be empty, and electronic order routing systems will be offline. It also notes that most mutual‑fund and ETF cash accounts will be frozen for the day, meaning investors cannot buy or sell shares until the next business day.

2. Black Friday: Normal trading hours

In contrast, the article makes clear that Black Friday (Thursday, November 29) will be a regular trading day. The NYSE and Nasdaq will open at 9:30 am and close at 4:00 pm Eastern Time—the same hours as a typical weekday. Investors looking to capitalize on post‑Thanksgiving market moves will have a full trading day to do so.

The article also highlights that, while the market opens normally on Black Friday, the volume may be lower than usual because many investors are still on holiday or are waiting for the next business week to reassess positions. Lower volume can translate to higher volatility, especially if earnings releases or macro news break during the day. The piece advises traders to keep a close eye on market depth and be prepared for wider bid‑ask spreads.

3. After‑hours and pre‑market trading

A short but useful section explains that after‑hours and pre‑market trading will still be available on Black Friday. After‑hours sessions run from 4:00 pm to 8:00 pm Eastern, and pre‑market trading starts at 4:00 am. The article clarifies that while these sessions provide additional liquidity, they are also subject to lower trade volumes and higher risk. For investors who wish to execute trades outside regular hours, the piece urges caution and suggests using limit orders rather than market orders.

The article links to a Nasdaq page that details the pre‑market and after‑hours hours, giving readers quick access to the exact time ranges for each exchange.

4. What the holiday calendar looks like for 2024

Beyond the immediate 2023 holiday, the article offers a preview of the 2024 holiday schedule. It lists key dates such as:

The article cites the NYSE’s official holiday calendar (linked directly) and the Nasdaq’s holiday schedule page. By giving readers a full view of the calendar, the piece helps investors plan for the next trading cycle.

5. Impact on trading strategy

The article also touches on how the holiday schedule can affect investment decisions. For example:

• Earnings reports: Companies often release earnings in the days surrounding Thanksgiving. If a firm announces a strong beat on Black Friday, the market may react sharply, so traders might want to position ahead of the release.
• Index futures: The CME Group’s futures market remains open on both Thanksgiving (as a holiday‑observed session) and Black Friday. The article provides a link to the CME futures calendar so investors can see which contracts close early or remain active.
• Tax‑planning: Some investors use the holiday period to adjust portfolio allocations, especially if they have a year‑end tax strategy. The article encourages them to review their holdings before the market opens on Black Friday to capture any tax‑loss harvesting opportunities.

6. Quick take‑aways

1. Thanksgiving is a full‑day market holiday for NYSE and Nasdaq; no trades can be executed.
2. Black Friday is a normal trading day—open 9:30 am to 4:00 pm ET.
3. After‑hours and pre‑market sessions remain available on Black Friday, but expect lower liquidity.
4. Review the official holiday calendars (NYSE and Nasdaq links in the article) to plan ahead for future holiday observances.
5. Plan your strategy around the lower volume and potential for higher volatility on Black Friday.

7. Where to find more information

The article includes several helpful hyperlinks:

• NYSE holiday schedule – the official NYSE page that lists all observances and market closure dates.
• Nasdaq holiday schedule – a concise table of holiday dates and trading hours.
• CME Group futures calendar – shows which futures contracts close or remain active during holiday periods.
• After‑hours and pre‑market trading details – links to Nasdaq and NYSE resources outlining the exact times for extended trading sessions.

These links are valuable for investors who want a deeper understanding of the market’s operational nuances during holidays.

Final thoughts

MSN Money’s article does a solid job of demystifying the holiday schedule for both Thanksgiving and Black Friday. By breaking down the exact hours, providing context about trading volume and volatility, and linking to authoritative calendars, it equips retail investors and traders with the knowledge needed to plan their trades and manage risk. Whether you’re a day‑trader who relies on after‑hours liquidity or a long‑term investor simply curious about the next market open, the article offers a clear, concise overview that answers the most pressing questions about holiday market hours.