Today is Thanksgiving Day in the United States — and that means a special schedule for Wall Street. If you’re wondering whether the NYSE or Nasdaq are open today (27.11.2025) or tomorrow on Black Friday (28.11.2025), here’s the exact breakdown, plus the latest market context and what it means for traders.
Quick Answer: NYSE & Nasdaq Hours on 27–28 November 2025
- Today – Thursday, November 27, 2025 (Thanksgiving Day)
- NYSE: Closed all day
- Nasdaq: Closed all day
- U.S. bond market: Closed
- Tomorrow – Friday, November 28, 2025 (Black Friday)
- NYSE: Open 9:30 a.m. – 1:00 p.m. ET (early close)
- Nasdaq: Open 9:30 a.m. – 1:00 p.m. ET (early close)
- U.S. bond market: Early close at 2:00 p.m. ET
All times are Eastern Time (ET).
Is the NYSE Open Today, Thursday, November 27, 2025?
No — U.S. stock markets are closed for Thanksgiving
Both the New York Stock Exchange (NYSE) and the Nasdaq Stock Market are fully closed today, Thursday, November 27, 2025, in observance of Thanksgiving Day, a recurring full market holiday on the official U.S. exchange calendars.
That means:
- No regular trading session for U.S. stocks
- No official open or close auctions
- Orders entered when markets are closed will typically queue until the next trading session begins on Friday, unless your broker handles them differently
Several outlets, including U.S. and international financial media, are reiterating today that U.S. stock and bond markets are shut for the entire session, confirming that there is no trading window at all for listed stocks on NYSE or Nasdaq on Thanksgiving 2025.
If you log into your brokerage account today, you’ll likely see delayed quotes and may find that equity orders won’t execute until Friday’s early session.
NYSE & Nasdaq Hours Tomorrow, Friday November 28, 2025 (Black Friday)
Early close at 1:00 p.m. ET
Trading resumes tomorrow — but not on a normal schedule.
According to both the Nasdaq holiday schedule and NYSE Group’s official early-closing calendar, Friday, November 28, 2025 (Black Friday) is an “early close” day: fidelity.com+3NASDAQ Trader+3Intercontinen…
- Opening bell: 9:30 a.m. ET
- Closing bell: 1:00 p.m. ET (for NYSE and Nasdaq equities)
- Eligible NYSE options: trading to 1:15 p.m. ET in many cases
Financial news outlets covering the holiday week are repeating the same schedule: a full closure on Thanksgiving Day, followed by a shortened stock session and an early 2 p.m. ET close for bonds on Black Friday.
What about pre-market and after-hours trading?
Under normal conditions:
- Regular U.S. stock market hours: 9:30 a.m. – 4:00 p.m. ET
- Typical Nasdaq system hours: 4:00 a.m. – 8:00 p.m. ET (pre-market + after-hours)
However, on early close days such as Black Friday, U.S. exchanges explicitly reserve the right to end “Market Hours” earlier than 4:00 p.m. and to adjust system hours accordingly. Listing Center+1
In practice, that means:
- The core session for NYSE and Nasdaq equities will end at 1:00 p.m. ET.
- Some brokers may shorten or restrict pre-market and after-hours trading, or maintain limited extended-hours access with significantly reduced liquidity.
If you plan to trade tomorrow in pre- or post-market:
- Check your broker’s holiday schedule in advance.
- Expect wider bid–ask spreads and lighter volume than on a typical Friday.
Time Zone Cheat Sheet for Black Friday 2025 Trading
On Friday, November 28, 2025, the U.S. is on Eastern Standard Time (EST, UTC–5).
Here’s what the 9:30 a.m. – 1:00 p.m. ET session looks like in a few major time zones:
- New York (ET): 9:30 a.m. – 1:00 p.m.
- London (GMT/UTC): 2:30 p.m. – 6:00 p.m.
- Central Europe (CET, UTC+1): 3:30 p.m. – 7:00 p.m.
- India (IST, UTC+5:30): 8:00 p.m. – 11:30 p.m.
So if you’re trading U.S. stocks from Europe or Asia, be aware that Friday’s closing bell arrives several hours earlier than usual.
Why the Markets Are Closed: Thanksgiving as a Core Wall Street Holiday
Thanksgiving has long been a fixed full-day holiday for the U.S. stock market. Official calendars from both NYSE and Nasdaq list:
- Thanksgiving Day – Thursday, November 27, 2025:
- NYSE: Closed
- Nasdaq: Closed
- U.S. bond markets: Closed
- Day after Thanksgiving – Friday, November 28, 2025:
- NYSE & Nasdaq: Early close at 1:00 p.m. ET
- U.S. bond markets: Early close at 2:00 p.m. ET
This pattern — full closure on Thanksgiving plus a shortened Black Friday session — is standard in modern market calendars and is already built into most brokers’ trading tools and settlement timetables.
Market Snapshot on November 27, 2025: What’s Moving While Wall Street Sleeps
Even though U.S. stock exchanges are closed today, markets haven’t gone quiet globally.
U.S. stocks rallied into the holiday
On Wednesday, November 26, 2025, major U.S. indices finished higher for a fourth straight session, buoyed by:
- Growing expectations that the Federal Reserve could cut interest rates as early as December
- Renewed enthusiasm for AI-related and tech stocks
- Broad gains across the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average
The Nasdaq is on track for its strongest Thanksgiving week since 2008, according to U.S. market coverage, helped by a rebound in large-cap tech names and strong risk appetite.
Global markets keep trading
Outside the U.S., European and Asian markets are open as usual today, creating a mixed picture:
- Japan’s Nikkei 225 led with solid gains, supported by stimulus talk and rate-cut hopes.
- European indices such as Germany’s DAX and the UK’s FTSE 100 traded in a narrow range.
- Chinese and other Asian markets posted smaller moves as investors digested economic data.
With U.S. cash equities shut, futures, overseas markets, and FX are doing much of the price discovery ahead of Friday’s shortened Wall Street session.
Crypto trades straight through Thanksgiving
While traditional markets observe the holiday, cryptocurrencies never close. In early Thursday trading, Bitcoin climbed above $90,000, extending a sharp rebound from recent lows and highlighting the 24/7 nature of crypto markets.
For traders, this divergence underlines a key point: U.S. stock exchanges close; crypto does not — meaning risk sentiment can evolve while equities are offline.
How the Short Week Affects Investors and Traders
Holiday weeks like this one can subtly change market behavior, even beyond the obvious schedule shifts.
1. Lower volumes, potentially bigger swings
With many institutional desks lightly staffed:
- Trading volumes typically fall on the days surrounding Thanksgiving.
- Individual trades can move prices more than usual, particularly on Black Friday’s short session.
That can be a double-edged sword: opportunities for sharp intraday moves, but also a higher risk of slippage.
2. Settlement and year‑end planning
Because today’s session is completely closed:
- Trades placed on Wednesday settle one business day later than if Thursday were open.
- Investors focused on tax-loss harvesting or year‑end portfolio adjustments should factor in this shortened week and the December holiday closures (Christmas Eve early close and Christmas Day full close).
3. Strategy tweaks for active traders
If you’re actively trading around Thanksgiving:
- Consider using limit orders rather than market orders to reduce the risk of poor fills in thin liquidity.
- Be cautious with short-term options expiring soon after the holiday, as bid–ask spreads may widen.
- Avoid relying on last-minute moves in the final minutes of Friday’s session — those minutes arrive three hours earlier than normal.
FAQ: NYSE & Nasdaq Holiday Hours – Thanksgiving 2025
Q: Is the U.S. stock market open today, November 27, 2025?
A: No. Both the NYSE and Nasdaq are closed all day for Thanksgiving, and the U.S. bond market is also closed.
Q: What are NYSE and Nasdaq hours on Black Friday 2025 (tomorrow)?
A: On Friday, November 28, 2025, the NYSE and Nasdaq open at 9:30 a.m. ET and close early at 1:00 p.m. ET. The bond market closes at 2:00 p.m. ET.
Q: Are global stock markets open on Thanksgiving?
A: Yes. Thanksgiving is a U.S. holiday, so exchanges in Europe, Asia, and elsewhere operate on normal schedules, even while Wall Street is closed.
Q: Do cryptocurrencies close for Thanksgiving or Black Friday?
A: No. Major cryptocurrencies such as Bitcoin and Ethereum trade 24/7, regardless of U.S. stock market holidays.
Q: When is the next stock market holiday after Thanksgiving 2025?
A: The next full U.S. market closure is Christmas Day, Thursday, December 25, 2025, with an early 1:00 p.m. ET close on Christmas Eve, December 24.
Bottom Line
- Today (27.11.2025): NYSE and Nasdaq are closed for Thanksgiving.
- Tomorrow (28.11.2025): Both exchanges are open for a shortened Black Friday session from 9:30 a.m. to 1:00 p.m. ET.
- Bond markets follow a similar pattern, with a full closure today and a 2:00 p.m. ET early close tomorrow.
If you need to adjust positions, place orders, or respond to this week’s macro and crypto news, your next opportunity in U.S. stocks is Friday’s abbreviated session — and then a return to the normal 9:30 a.m. – 4:00 p.m. ET schedule next week.
This article is for informational purposes only and does not constitute financial or investment advice.
