Is the Stock Market Open on Thanksgiving in 2023?

Is the stock market open on Thanksgiving in 2023? The answer to this question is no. The stock market will be closed Thursday, November 23, for the Thanksgiving holiday. Bond traders will get the day off too, with bond markets also closed on Thursday.

And unlike some holidays, there are no early hours for bond traders ahead of Thanksgiving, as regular trading hours will be observed on Wednesday, November 22. However, both the stock and bond markets will close early on Friday, November 24, at 1 pm and 2 pm Eastern time, respectively.

November has been a standout month for investors after both the Consumer Price Index (CPI) and Producer Price Index (PPI) showed inflation is easing. As of this writing, the Dow Jones Industrial Average is up 5.6% since the start of the month, while the S&P 500 is 7.4% higher and the Nasdaq Composite is in the lead with its 9.6% gain. 

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This November rally following three straight months of losses for the equities market "represents a major turnaround rather than a seasonal bounce off oversold conditions," says Steve Sosnick, chief strategist at Interactive Brokers. "The combination of decent, but not worrisome employment reports and better-than-expected inflation numbers certainly offer the possibility that the much hoped-for soft landing could be upon us. Economists may say [it is a] possibility, but equity traders are betting on it becoming the likely scenario." 

As for those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) run from 9:30 am to 4:00 pm Eastern time Monday through Friday.

Are banks open on Thanksgiving? The answer to that question is no. Thursday, November 23, is one of several bank holidays in 2023, and so banks will be closed.

Below, we feature a full schedule of all stock market holidays and bond market holidays for 2023. 

 2023 stock and bond market holidays

* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.

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