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Is the stock market closed on Thanksgiving and Black Friday?

What stocks could be the biggest winners and losers under a Biden presidency


Is the stock market closed on Thanksgiving and Black Friday?

Paul Davidson
Dow crests 30,000 on vaccine hopes, Biden transitionThe Dow Jones Industrial Average broke 30,000 points Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news the transition of power in the U.S. to President-elect Joe Biden will finally begin. (Nov. 24)U.S. stock markets will be closed Thursday in observance of Thanksgiving Day and shutter early on Black Friday.The New York Stock Exchange and Nasdaq will close at 1 p.m. ET Friday.The Securities Industry and Financial Markets Association recommends that bond markets close Thanksgiving and halt trading at 2 p.m. on Black Friday.Foreign and currency markets are scheduled to be open on the holiday, as are U.S. commodity markets, such as for gold and oil futures.The Dow Jones industrial average closed above 30,000 for the first time Tuesday but dipped below that benchmark in mid-day trading Wednesday. Trading, however, is typically far below normal levels on Wednesday and Friday of Thanksgiving week.Meanwhile, Walmart announced that it will not open stores on Thanksgiving for the first time since the late 1980s amid the COVID-19 pandemic, and other chains, including Target and Best Buy, followed.Starbucks, McDonald’s and Denny’s are among restaurants that will be open Turkey Day, at least partial hours or in some capacity, while others such a Chick-fil-A will be closed.Which stores are open?: Black Friday 2020 store hours: When Walmart, Target, Best Buy and others open their doors Friday amid COVID-19Going small: Smaller turkeys are flying off the shelves this Thanksgiving. Here’s why

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