Published on: 2025-11-11
Updated on: 2025-11-26
Black Friday, falling on November 28, 2025, the day after US Thanksgiving, is not just a shopping frenzy, it’s also an important date for financial markets.
Yes, on Black Friday 2025, the U.S. stock market will be open, with NYSE and NASDAQ trading from 9:30 a.m. to an early close at 1:00 p.m. ET.
Traders should be aware of lower liquidity and holiday-season market volatility, which can create unique opportunities and risks.
Below, we provide a complete guide to U.S. stock market hours on Black Friday 2025, related trading schedules, and practical insights for navigating holiday trading conditions.
On Friday, November 28, 2025 (the day after Thanksgiving), U.S. stock markets will be open but will close early at 1:00 p.m. Eastern Time. According to the official exchange calendars:
The NYSE & Nasdaq regular trading hours will end at 1:00 p.m. Eastern Time (ET).
After‑hours trading may still operate, but the normal primary session ends early.
This early closing is a customary practice for the "day after Thanksgiving" (commonly called "Black Friday" in the retail world) in U.S. markets.
In summary, the market will operate on Black Friday 2025 with a shortened trading session ending at 1:00 p.m. ET.
| Event | Date | Market Status |
|---|---|---|
| Thanksgiving Day (NYSE closed) | November 27, 2025 | Market closed |
| Black Friday (early close) | November 28, 2025 | Market open 9:30 AM – 1:00 PM ET |
| Cyber Monday | December 1, 2025 | Market open regular hours (9:30 AM – 4:00 PM ET) |
On Black Friday, trading volume typically drops as many market participants take time off following Thanksgiving. To ensure orderly market conditions during this low-volume period, both the NYSE and NASDAQ follow a long-standing tradition of early closure.
This early close allows traders and investors to start the holiday weekend while balancing professional responsibilities with personal and family time.
Despite the shortened session, the morning trading hours remain active, with many investors using the period to adjust portfolios or position their trades ahead of the holiday weekend.
Once the primary session ends at 1:00 p.m. ET:
After-hours trading may be available depending on the exchange and your broker; many brokers offer after-hours sessions (commonly 4:00-8:00 p.m. ET), while futures and some ATSs have other hours.
Market participants finish up order routing, settlement planning, and position adjustments ahead of the weekend.
Because the session is shorter, events after 1:00 p.m. ET may create a larger weekend risk (more time before the next session)
| Market / Exchange | Status on Nov 28, 2025 | Trading Hours (ET) |
|---|---|---|
| NYSE | Open (Early close) | 9:30 AM – 1:00 PM |
| Nasdaq | Open (Early close) | 9:30 AM – 1:00 PM |
| CBOE (Options) | Open (Early close) | 9:30 AM – 1:00 PM |
| CME (Futures) | Open | Regular hours (varies) |
| London Stock Exchange | Open (Regular) | 3:00 AM – 11:30 AM |
| Tokyo Stock Exchange | Open | 7:00 PM – 1:00 AM (normal) |
| European Exchanges | Regular hours | Varies by country |
Most global equity markets maintain regular trading hours on Black Friday, reflecting regional variations in holiday observance.
With fewer participants trading after 1:00 p.m., large orders may experience increased slippage or wider bid-ask spreads due to reduced liquidity. It's wise to check liquidity and ensure your brokerage supports orders on early close days.
Using market orders late in a thin market can lead to unwanted fills. Consider limit orders if you're placing trades late in the morning.
Some companies might still release earnings or corporate announcements that day. Due to the shorter session, the reaction may be compressed.
If you're trading from outside the U.S. (e.g., India or Japan), note the time‑zone conversion:
On Friday, November 28, 2025, the early market close at 1:00 p.m. ET corresponds to 11:30 p.m. IST (India Standard Time)
In Japan, the market closes at 3:00 a.m. JST (Japan Standard Time) on Nov 29, 2025.
Be sure to account for local daylight-saving variations and organise your trades accordingly.
Given the shorter trading window, positions held overnight may face larger gaps if something significant breaks after the close. Manage exposure accordingly.
The period immediately after Thanksgiving, including Black Friday, often brings lower market liquidity and higher short-term volatility, creating both opportunities and risks for traders. Here’s what to consider:
With an early close at 1:00 p.m. ET, the morning session is your main window for executing trades.
Prioritize high-probability setups and avoid overtrading in the thinner afternoon market.
Thin liquidity can cause slippage with market orders.
Limit orders help control entry and exit prices, reducing unexpected losses.
Retail and consumer discretionary stocks may react strongly to Black Friday sales data.
Keep an eye on ETFs and indexes that track these sectors for intraday opportunities.
Protect positions with stop-loss orders, options, or inverse ETFs, especially if holding overnight.
Consider reducing exposure to highly volatile or illiquid assets.
Even after the early close, futures and after-hours trading can indicate potential price gaps for Monday’s open.
Monitor these markets to plan adjustments or hedge risks.
Traders outside the U.S. (e.g., Europe, India, Japan) should account for time differences and adjust trading schedules accordingly.
No, the market is open, but it closes early at 1:00 p.m. ET.
Yes. The major U.S. exchanges, including the New York Stock Exchange (NYSE) and Nasdaq, will observe an early market close at 1:00 p.m. ET on November 28, 2025.
Regular trading opens at 9:30 a.m. ET, and closes at 1:00 p.m. ET.
Indirectly. U.S. market activity and volume may influence global sentiment and regional markets, but other exchanges may operate on their normal hours.
Yes, the U.S. bond market (via SIFMA guidelines) also closes early at 2:00 p.m. ET on Black Friday 2025.
Normal hours resume on Monday, December 1, 2025, at 9:30 a.m. ET.
On Black Friday, November 28, 2025, the U.S. stock market will be open for a shortened session from 9:30 a.m. to 1:00 p.m. ET, and traders should approach the day with careful planning.
Lower liquidity, compressed trading hours, and potential weekend risk require strategic adjustments, from setting orders and stop-losses to monitoring market-moving news.
Despite the early close, the session remains active and full of opportunities, particularly for traders who prepare ahead.
By understanding the market schedule and adapting strategies, investors can navigate the holiday session effectively while balancing trading with the Thanksgiving weekend.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
