U.S. markets will be shuttered on Thursday as Americans celebrate Thanksgiving. The holiday, a national tradition, sees families gathering for feasts and expressions of gratitude.

Market Schedule

The New York Stock Exchange (NYSE) and Nasdaq will be closed all day on Thursday, November 28th. Bond markets, including those overseen by the Securities Industry and Financial Markets Association (SIFMA), will also be closed.

Friday’s Modified Trading Hours

Trading will resume on Friday, November 29th, but with an abbreviated schedule. The stock market will close at 1:00 PM EST, while bond markets will close at 2:00 PM EST.

Economic Impact

The Thanksgiving holiday typically leads to lower trading volumes for the week. Many investors take extended time off, resulting in reduced market activity.