Many people trade stocks recurrently, largely because of the accessibility of mobile apps and web services. Because trading tools are so available, people might imagine that they can purchase or sell stocks at any time. However, this shouldn’t be necessarily the case as holidays may cause the exchange to be closed. Since November 28, 2024 is Thanksgiving, you might be wondering, “Is the stock market open on Thanksgiving 2024?”
If so, here’s what you must know.
Is the stock market open on Thanksgiving 2024?
No, the US stock market shouldn’t be open on Thanksgiving.
According to their official web sites, the New York Stock Exchange (NYSE) and the tech-heavy NASDAQ — which share the identical holiday schedule — will each close on Thanksgiving. Therefore, there will likely be no trading activities on Thanksgiving Day. Therefore, any trade that may only be accomplished during energetic trading hours is not going to be accomplished until the exchange reopens on Black Friday.
However, international stock exchanges are often open. These exchanges are situated in other countries, and since this Thanksgiving holiday shouldn’t be internationally recognized, it doesn’t affect the operations of foreign exchanges.
Additionally, retailers can place orders on Thanksgiving Day. Trades will simply not be executed until the market opens on Friday.
Is the bond market open on Thanksgiving 2024?
In 2024, the bond market will likely be open on Thanksgiving Day but close earlier.
While the bond market typically doesn’t have a unique holiday schedule than the stock market, Thanksgiving is considered one of those holidays where the hours are substandard.
Typically, bond market firms align their values vacation plan with recommendations from the Securities Industry and Financial Markets Association (SIFMA). While they aren’t required to follow the rules established by SIFMA, most do, and since SIFMA recommends closing at 2:00 p.m. on Thanksgiving Day 2024, the bond market will close at 2:00 p.m. on Thanksgiving Day.
Holiday schedule for the stock market 2024
As explained above, each the NYSE and NASDAQ use the identical holiday schedule. Although it is vitally much like the federal holiday schedule, there are some key differences.
Here is an outline of the 2024 stock market holiday plan:
- New Year’s Day (holiday) – Monday, January 1st
- Martin Luther King Jr. Day – Monday, January fifteenth
- Washington’s Birthday/President’s Day – Monday, February nineteenth
- Good Friday – Friday March twenty ninth
- Memorial Day – Monday, May twenty seventh
- Juneteenth – Wednesday, June nineteenth
- Independence Day – Tuesday, July 4th
- Labor Day – Monday, September 2nd
- Thanksgiving – Thursday, November twenty eighth
- Christmas Eve – Tuesday, December twenty fourth
- Christmas Day – Wednesday December twenty fifth
There are also some early closures all year long. Typically these happen the day before Independence Day and the Friday after Thanksgiving.
On the stock market, there are different times when buyers and sellers of securities can place buy and sell orders. However, generally the exchange opens at 9:30 a.m. and closes at 4:00 p.m. (EST).
