The US stock market will take a breather on Thursday, November 27, 2025, as the country celebrates Thanksgiving, marking a temporary pause after an impressive four-session rally that saw major indices climbing steadily.
Thanksgiving Trading Holiday: What Investors Need to Know
All US financial markets will remain completely closed on Thanksgiving Day, according to the official holiday calendar of both the New York Stock Exchange (NYSE) and Nasdaq. This means no equity trading, no ETF transactions, and no options trading will occur throughout the day. The bond markets will also observe the holiday.
Thanksgiving falls on the fourth Thursday of November each year and serves as the official beginning of the holiday season in the United States. The closure affects global investors, including those in India who track international market movements.
Wall Street's Impressive Pre-Holiday Rally
Before the holiday break, US markets delivered strong performance on Wednesday, November 26, extending their winning streak to four consecutive sessions. The rally was primarily driven by technology stocks and growing expectations of a potential interest rate cut by the US Federal Reserve in December.
The Dow Jones Industrial Average surged by 314.67 points, representing a 0.67% gain, to close at 47,427.12. Meanwhile, the S&P 500 index climbed 46.73 points, or 0.69%, settling at 6,812.61. The technology-heavy Nasdaq Composite outperformed with an increase of 189.10 points, or 0.82%, finishing the session at 23,214.69.
Trading Resumes with Modified Friday Schedule
Market operations will resume on Friday, November 28, 2025, but with reduced trading hours due to the Black Friday effect that follows Thanksgiving. For Indian investors tracking these developments, the US markets will open from 8:00 PM to 12:30 AM IST (the following day).
This shortened session typically experiences lower trading volumes as many market participants extend their holiday break, but it still provides opportunities for investors to react to any overnight developments and position themselves for the following week.
The consecutive gains in US indices have boosted investor sentiment globally, with market watchers now keenly observing whether the positive momentum will continue when trading resumes post the Thanksgiving holiday break.
