The good news is, investors will indeed get a Turkey Day break from their brokerage accounts. The stock market is indeed closed on Thanksgiving Day.
But don't call it a four-day weekend: Investors still need to show up on Black Friday.
At least for a few hours.
In 2021, the stock market is closed all day on Thursday, Nov. 25, as America celebrates Thanksgiving Day. That said, stocks will begin trading on Black Friday at the normal market time, but it will be a shortened trading day. On Friday, Nov. 26, the market will close at 1 p.m.
The bond market has a similar holiday schedule, closing on Thanksgiving Day and opening for a partial session (closing at 2 p.m.) on Black Friday.
* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.
When it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:
The "core trading" stock market hours for the NYSE and Nasdaq are 9:30 a.m. to 4 p.m. on weekdays. However, both exchanges offer premarket trading hours between 4 and 9:30 a.m., as well as late trading hours between 4 and 8 p.m.
Bond markets typically trade between 8 a.m. and 5 p.m.
The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.
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