If you’re involved in the stock market or trading, you’ve likely noticed that the U.S. stock market’s timing changes every year during the last week of November. Thanksgiving is a major and family-oriented holiday in America, so the Nasdaq and New York Stock Exchanges are completely closed on this day. Many Indian traders and NRI investors often wonder why the market is closed on Thanksgiving, what impact it has on trading, and why the market closes early on Black Friday.
Why is the U.S. Stock Market Closed on Thanksgiving 2025

In America, Thanksgiving is not just a holiday, but a special day spent with family. Therefore, both the Nasdaq and NYSE will be closed for the entire day on November 27, 2025. This is one of the few days when Wall Street remains completely quiet. Neither are stocks traded, nor is the bond market open. This tradition has been going on for a long time, and the market remains closed on this day every year.
U.S. Markets Will Open on Black Friday But Close Early
Black Friday falls on November 28, 2025, the day after Thanksgiving. This day is known for heavy shopping in the United States, with most people traveling or shopping in different cities. Therefore, U.S. markets will be open, but not open all day. On Black Friday, the Nasdaq and NYSE close early at 1 p.m. ET. Similarly, the U.S. bond market also closes early at 2 p.m. ET. Trading volume is significantly lower on this day, so keeping the market open for a shorter period is a long-standing practice.
When is the next holiday after Thanksgiving
After Thanksgiving and Black Friday, Wall Street returns to its normal hours. The next major holiday will be on Christmas Day, December 25, 2025, when the market will be completely closed. On Christmas Eve, December 24, the market will open for a few hours and close early. During these holidays, the market operates according to the normal schedule.
What impact does Thanksgiving have on Indian traders

Thanksgiving doesn’t directly impact the Indian market, but due to calm global cues, there is a slight slowdown in the Nifty and Sensex. The closure of foreign markets on this day prevents Indian traders from getting direction, which reduces volatility. The Forex market also experiences less activity. However, due to the 24/7 operation of the crypto market, there may be slightly more movement during this time. Overall, the mood of the Indian market remains normal and stable during Thanksgiving week.
FAQs
Q1. Is the U.S. stock market open on Thanksgiving Day 2025?
No. Both the Nasdaq and the New York Stock Exchange remain fully closed on Thanksgiving Day.
Q2. Does the stock market open on Black Friday?
Yes, the market opens on Black Friday, but it closes early at 1 p.m. ET.
Q3. Is the U.S. bond market open during Thanksgiving?
No. The U.S. bond market is closed on Thanksgiving and closes early at 2 p.m. ET on Black Friday.
Q4. What is the next market holiday after Thanksgiving?
The next full market closure comes on December 25th for Christmas Day, with early closure on Christmas Eve.
Q5. Does Thanksgiving affect Indian stock markets?
Indirectly, yes. With U.S. markets closed, global cues slow down, and Indian markets often show low volatility and reduced volume.
Disclaimer: This article is intended for informational and educational purposes only. It does not provide financial, investment, or trading advice. Market schedules and holiday timings are based on publicly available information and may change. Always confirm details from official exchange announcements before making any trading or investment decisions.
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