Are Banks Open on Thanksgiving in 2024?
Thanksgiving is just around the corner, which has many folks wondering if banks are open on Thursday, November 28.
Are banks open on Thanksgiving in 2024? That's a question plenty of folks are wondering just ahead of the holiday that falls each year on the fourth Thursday in November. The answer is no, banks are not open on Thursday, November 28.
Many folks will choose to spend the holiday with family and friends, eating turkey and watching football. Others might want to spend a few minutes reflecting upon the financial achievements for which they're most thankful. Perhaps they've gotten a head start on these year-end financial chores or taken advantage of these three ways to cut your tax bill.
Folks may also take some time Thursday to put together their holiday shopping lists. Target and Costco are just two stores that are offering impressive Black Friday and Cyber Monday deals, while Walmart is allowing shoppers to make a holiday wish listgardless of when or where you shop, make sure to follow these tips for scoring the best Black Friday deals.
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As for those wondering "Is the stock market open on Thanksgiving?," the answer to that is no. Thanksgiving is one of several stock market holidays, with investors also getting an early dismissal at 1 pm Eastern time on Black Friday.
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 2024.
Bank holidays 2024
Date | Day | Holiday |
---|---|---|
January 1 | Monday | New Year's Day |
January 15 | Monday | Martin Luther King, Jr. Day |
February 19 | Monday | Presidents' Day/Washington's Birthday |
May 27 | Monday | Memorial Day |
June 19 | Wednesday | Juneteenth National Independence Day |
July 4 | Thursday | Independence Day |
September 2 | Monday | Labor Day |
October 14 | Monday | Columbus Day/Indigenous Peoples' Day |
November 11 | Monday | Veterans Day |
November 28 | Thursday | Thanksgiving Day |
December 25 | Wednesday | 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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