Are Banks Open on Black Friday in 2023?
Black Friday is nearly here, which has many wondering if banks are open on the biggest shopping day of the year?
Are banks open on Black Friday in 2023? That's a question plenty of folks are wondering just ahead of the biggest shopping day of the year. The answer is yes, banks are open on Friday, November 24.
However, both banks and the stock market will be closed Thursday, November 23, for the Thanksgiving holiday.
As for those working on Black Friday, the good news is that plenty of stores started early sales this year, including Target, Walmart and Costco. And while in recent years, many shops have adjusted their store hours, plenty of spots such as Best Buy and Macy's still offer early Black Friday shopping hours.
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There are also lots of online opportunities to find great deals on Cyber Monday. The annual online shopping holiday started in 2005 and falls each year on the Monday after Thanksgiving. A recent survey from Bankrate suggests most folks will do their shopping online this year, and many retailers will offer Black Friday deals that run through Cyber Monday. These are the big Amazon deals we're tracking.
Regardless of when and where you do your holiday shopping, make sure to familiarize yourself with these tips for scoring the best Black Friday and Cyber Monday deals.
As for those wondering "Is the stock market open on Black Friday?," the answer to that is yes. Black Friday is not one of this year's stock market holidays, though investors will get an early dismissal at 1 pm Eastern time. (Bond markets, meanwhile, are open until 2 pm on Friday, November 24.)
Anyone curious about what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) are open from 9:30 am to 4:00 pm Eastern time Monday through Friday.
Below, we feature a full schedule of all U.S. bank holidays for 2023.
Bank Holidays 2023
Date | Day | Holiday |
---|---|---|
January 2 | Monday | New Year's Day (Observed) |
January 16 | Monday | Martin Luther King, Jr. Day |
February 20 | Monday | President's Day |
May 29 | Monday | Memorial Day |
June 19 | Monday | Juneteenth |
July 4 | Tuesday | Independence Day |
September 4 | Monday | Labor Day |
October 9 | Monday | Columbus Day |
November 11 | Saturday | Veterans Day |
November 23 | Thursday | Thanksgiving Day |
December 25 | Monday | Christmas Day |
* This is the recommended bank market holiday schedule from the Federal Reserve. This schedule is subject to change.
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With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.
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