Thanksgiving Stock Market Closures: What Investors Need to Know
Thanksgiving Day is a nationwide U.S. holiday, celebrated on the fourth Thursday of November. In 2023, this day falls on November 23, and it brings a closure to the U.S. stock market. Trading sessions on major exchanges like the New York Stock Exchange (NYSE) and NASDAQ will not take place, impacting investors and the market landscape.
How Thanksgiving Affects Trading Activity
- Light Trading Before Thanksgiving: The week leading up to Thanksgiving often sees reduced trading volumes. Many investors take time off, resulting in decreased market activity as they prepare for the holiday weekend.
- Volatile Markets After the Holiday: Following Thanksgiving, normal trading resumes. The first trading day can be marked by increased volatility as market participants respond to news and events from the holiday period.
Global Market Considerations During Thanksgiving
Many international stock markets remain open as Thanksgiving is a holiday specific to the U.S. Nonetheless, some of these markets may also observe their own holidays or adjust trading hours, potentially affecting global trading dynamics.
U.S. Bond Market Respects the Holiday
Investors should note that the U.S. bond market is similarly closed on Thanksgiving Day, including both government and corporate bonds. Thus, bond trading is not possible on this date.
Investor Reminders for the Thanksgiving Period:
- Early Closures: On the day before Thanksgiving, many U.S. exchanges close early, known as a “half-day” session. Trading typically ends several hours earlier than usual, so it’s wise to check with your brokerage for exact times.
- Extended Trading Hours: Some brokerage platforms offer extended trading hours. However, these may not be available on Thanksgiving Day. It’s essential to confirm with your broker for specifics regarding holiday hours.
- Pay Attention to Economic Reports: The days surrounding Thanksgiving might affect the timing of economic reports and corporate news releases, potentially influencing market expectations and volatility.
As an investor, staying informed about stock market holidays, trading hours, and other factors is paramount. For personalized advice about your investments, consider consulting a financial advisor. 
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
