United States stock markets will be closed on Thursday, Nov. 28 and will close early on Friday, Nov. 29 in observance of the Thanksgiving holiday. The Nasdaq and New York Stock Exchange will both be closed on Thanksgiving and will open on Nov. 29, but close early at 1 p.m. ET. The U.S. bond market will also be closed on Thursday and are scheduled to close at 2 p.m. ET on Friday, according to the Securities Industry and Financial Markets Association.
After closing for the Thanksgiving holiday, and closing early on Black Friday, it will be business as usual on Wall Street until late December. The next scheduled stock market closure is on Wednesday, Dec. 25 in observance of Christmas. Markets are also scheduled to close early on Christmas Eve
On Wednesday, the S&P 500 fell 0.4% and the Dow fell 0.3%. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.
Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on Wall Street.
Germany’s DAX advanced 0.7% to 19,394.41 while the CAC 40 in Paris gained 0.6% to 7,185.13. Britain’s FTSE 100 rose 0.2% to 8,290.37.
The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% higher.
In Asian trading, Tokyo’s Nikkei 225 index gained 0.6% to 38,349.06 and Australia’s S&P/ASX 200 advanced 0.5% to 8,444.30.
South Korea’s Kospi gained less than 0.1% to 2,504.67 after the central bank cut its benchmark interest rate to relieve pressure on its slowing economy.
The Bank of Korea cut its key rate by a quarter percentage point to 3% and lowered its outlook for the country’s economic growth from to 2.2% from 2.4% for this year and to 1.9% from 2.1% for 2025.
Chinese shares fell as investors sold to lock in profits from recent gains.
