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Thursday, November 24, 2022, is Thanksgiving in the United States. As a federal holiday, many companies close for the day to allow employees to celebrate with their friends and family. If you were wondering, “Is the stock market open on Thanksgiving?” here’s what you need to know.
Is the Stock Market Open on Thanksgiving 2022?
No, the stock market is not open on Thanksgiving. The Nasdaq and the New York Stock Exchange (NYSE) use the same holiday closure schedule, and neither offers trading hours on Thanksgiving Day, even though they’re typically open on Thursdays.
However, international stock markets may be open. Thanksgiving isn’t a worldwide holiday, so international stock markets are open unless one of the holidays in their countries happens to occur on the same day, which isn’t common.
US Stock Market Holiday Schedule for 2022
Knowing when the US stock market closes during the year is critical for active traders and casual investors alike. It allows you to plan your trading activities in accordance with the closures, ensuring transactions complete at the proper time. Plus, holidays may lead to unique trading opportunities, so knowing when the closures occur could work in your favor financially.
Here is the Nasdaq and NYSE 2022 holiday closure schedule:
· New Year’s Day – Friday, December 31, 2021 (Observed)
· Martin Luther King, Jr. Day – Monday, January 17, 2022
· President’s Day – Monday, February 21, 2022
· Good Friday – Friday, April 15, 2022
· Memorial Day – Monday, May 30, 2022
· Juneteenth – Monday, June 20, 2022 (Observed)
· Independence Day – Monday, July 4, 2022
· Labor Day – Monday, September 5, 2022
· Thanksgiving Day – Thursday, November 24, 2022
· Christmas Day – Monday, December 26, 2022 (Observed)
Along with being closed on Thanksgiving, the stock market also shuts down early on the Friday after the holiday. Typically, the regular trading session will end at 1:00 pm EDT on that Friday, so keep that in mind.
Do you wish the stock market was open on Thanksgiving, or is that irrelevant to you? Do you have a plan for tackling your trades before or after the holiday? Do you think trading near Thanksgiving gives you an advantage? Share your thoughts in the comments below.
Read More:
· Plan Your Feast with This Thanksgiving Printable Shopping List
· 8 Places to Get Free Turkeys for Thanksgiving
· Save Money with These Frugal Thanksgiving Menu Ideas
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Image and article originally from www.savingadvice.com. Read the original article here.