Is Stock Market Open On Black Friday?

Is Stock Market Open On Black Friday 28 Nov 2025?

Yes, the US stock market is open on Black Friday 28 November 2025, but it closes early. Both the New York Stock Exchange (NYSE) and Nasdaq will run a shortened trading session from 9:30 a.m. to 1:00 p.m. Eastern Time, instead of the usual 4:00 p.m. close.

• Thanksgiving Day, Thursday 27 November 2025: US stock markets are closed
• Black Friday, Friday 28 November 2025: Markets are open, with an early close at 1:00 p.m. ET

Below is a trader focused guide to the exact hours, why the early close matters and how to plan your stock, index, futures and CFD trading around it.

NYSE and Nasdaq Trading Hours

On a normal US trading day, NYSE and Nasdaq operate from 9:30 a.m. to 4:00 p.m. Eastern Time.
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For Black Friday, 28 November 2025:

• Opening time: 9:30 a.m. ET
• Closing time: 1:00 p.m. ET (early close)
• The early close is confirmed in the official NYSE holiday and early closing calendar and the Nasdaq holiday schedule.

Pre market and after hours on Black Friday

Broker pre market and after hours sessions are not part of the main exchange schedule, but in practice many platforms will still offer:

• Pre market: often from 4:00 a.m. ET to the opening bell at 9:30 a.m. ET
• After hours: often from 1:00 p.m. or 4:00 p.m. ET to around 8:00 p.m. ET, depending on the broker

Because the primary session ends at 1:00 p.m., liquidity in extended hours can be thinner than usual. Prices may move more sharply if unexpected news hits.

Thanksgiving and Black Friday Market Closures

From a calendar perspective, Black Friday is linked directly to the US Thanksgiving holiday.

According to NYSE and Nasdaq holiday schedules for 2025:

Date	Day	US Stock Market Status
27 November 2025	Thursday	Closed for Thanksgiving Day
28 November 2025	Friday	Open, early close at 1:00 p.m. ET
1 December 2025	Monday	Back to normal hours (9:30 a.m. to 4:00 p.m. ET)

For US bond markets, industry body SIFMA recommends an early close at 2:00 p.m. ET on Black Friday.

This staggered schedule means liquidity in related products (bond ETFs, interest rate sensitive stocks and financials) can also be affected.

Why Do Stock Markets Close Early on Black Friday?

The Black Friday early close is not random. It is a long running practice built around:

Very low trading volume

The day after Thanksgiving is typically one of the lowest volume sessions of the year. Many institutional traders and corporate desks are off, and retail participation is focused on shopping, not markets. Exchanges close early to keep markets orderly when participation is thin.

Operational and staffing reasons

An early close allows exchange staff, brokers and clearing houses to manage settlements and risk without running a full length session. It is a compromise between staying open for investors and respecting a major holiday period.

Tradition and market expectations

For decades, US markets have treated the day after Thanksgiving as a shortened trading day. Investors now build this into their yearly trading plans, just like Christmas Eve and the July early close.

For traders, this means Black Friday is usually more about fine tuning positions than taking large new bets.

What Happens After the Early Close?

Once the main stock session ends at 1:00 p.m. ET on 28 November 2025:

Settlement and order processing

• All trades executed in the shortened session still follow the usual T+2 settlement rules unless your broker or product specifies otherwise.
• Clearing houses and back offices continue to process trades after the close.

After hours and alternative venues

• After hours stock trading on electronic communication networks may stay open, depending on your broker and venue, but depth is often very limited.
• US bond markets continue until their 2:00 p.m. ET early close, so fixed income pricing can still move in that last hour.
• Index futures such as S&P 500 and Nasdaq futures on CME operate on a near 24 hour cycle, with specific holiday adjustments rather than a simple 9:30 to 1:00 schedule.

Weekend gap risk

With a shorter Friday, there is more time between the Black Friday close and the next regular stock session on Monday 1 December 2025. Any major macro news, geopolitical events or company headlines that break over the weekend can create larger opening gaps on Monday.

If you hold stocks, stock CFDs or major US index CFDs through the weekend, factor this extra gap risk into your position size and stop placement.

Other Markets and Trade Hours on Black Friday 2025

Black Friday is a US shopping and market tradition, not a global public holiday. Here is how other markets line up.

Major global stock exchanges

Most large non US exchanges follow their normal Friday schedule on 28 November 2025.

Based on official exchange information:

Market or Exchange	Black Friday 28 Nov 2025 Status	Typical Local Trading Hours
NYSE, Nasdaq	Open, early close	9:30 a.m. to 1:00 p.m. ET
Cboe US Equities and options	Open, early close (matches NYSE schedule)	Usually aligned with US stock hours
London Stock Exchange	Open, regular hours	8:00 a.m. to 4:30 p.m. local time
Euronext (Paris, Amsterdam etc)	Open, regular hours	Around 9:00 a.m. to 5:30 p.m. local time
Tokyo Stock Exchange	Open, regular hours	9:00 a.m. to 3:30 p.m. local time, with a lunch break
Shanghai, Hong Kong, others	Open, regular hours	Standard local Friday hours

Always remember that local market holidays (for example in Europe or Asia) use their own national calendars and are not affected by US Thanksgiving.

Forex and crypto

• Spot forex trades almost 24 hours from Monday to Friday. Liquidity usually remains available on Black Friday, but US session volume is often reduced. Major pairs like EUR USD, GBP USD and USD JPY can still see sharp moves in thinner conditions.
• Cryptocurrencies (Bitcoin, Ethereum and others) trade 24 hours a day, 7 days a week, so they are open on Thanksgiving and Black Friday as usual.

What Traders Should Aware On Black Friday

Plan around lower liquidity

• Volume in US equities is often well below normal on the day after Thanksgiving.
• Spreads can widen in individual US stocks and equity index CFDs, especially nearer the early close.
• Avoid placing very large market orders in thin conditions. Consider using limit orders to control your entry price.

Watch bid ask spreads and slippage

For active intraday traders:

• Test the depth of the order book before entering bigger positions.
• Spreads can change quickly in the final hour of trading.
• If you are using robots or copy trading, make sure your risk settings reflect holiday conditions.

Be selective with news based trades

While there is usually less macro data on Black Friday, retailers and e commerce names can still react to sales headlines and real time spending updates. Moves can be exaggerated if fewer participants are trading.

If you trade US retail stocks or CFDs, US index CFDs like US 30, US 500 or US 100, consider scaling down your usual size or tightening your risk plan.

Manage weekend gap risk

Because the stock market closes early on Friday and only reopens on Monday:

• Any news after the close on Friday, on Saturday or on Sunday will only be priced in at the Monday open
• Gaps can be larger after long holiday weekends

If you prefer to avoid this:

• Reduce or close speculative short term positions before the early close
• Keep only core longer term positions that you are willing to hold through volatility

Coordinate time zones if you trade from overseas

If you are trading from Europe or Asia, convert 1:00 p.m. ET into your local time:

• London: 6:00 p.m. local time on 28 November 2025 (assuming northern hemisphere winter)
• Central Europe: 7:00 p.m. local time
• Singapore, Malaysia, Hong Kong: 2:00 a.m. on Saturday 29 November 2025
• Tokyo: 3:00 a.m. on Saturday 29 November 2025

This early cut off can affect your ability to react to late day moves if you normally trade the US close from another region.

FAQs

1. Is Stock Market Open On Black Friday 28 Nov 2025?

Yes. The US stock market is open on Friday 28 November 2025, but it runs a shortened session from 9:30 a.m. to 1:00 p.m. ET. Thanksgiving Day, Thursday 27 November 2025, is a full market holiday and the exchanges are closed.

2. Do all US exchanges close early on Black Friday?

The major US stock exchanges, including NYSE and Nasdaq, follow the same 1:00 p.m. ET early close on the day after Thanksgiving. Options markets that list on these venues follow similar schedules, and US bond markets close at 2:00 p.m. ET based on SIFMA guidance.

3. Are global stock markets affected by Black Friday?

Not directly. Black Friday is a US event. Exchanges in London, Tokyo and other regions operate on their normal Friday timetable, although global sentiment can still be influenced by what happens in US markets before the early close.