The New York Stock Exchange (NYSE) and the bond market will be closed on Thursday, Nov. 28 for Thanksgiving. Markets will re-open at 9:30 am ET for regular trading on Black Friday, but the stock market will close early at 1 p.m. ET and the bond market will lose at 2 p.m. ET.
What To Know: Historically, markets perform well on Black Friday, with the S&P 500 closing higher 69% of the time since 1960, according to data from Macrotrends. Investors looking to invest in the broader market can look to the SPDR S&P 500 ETF (NYSE:SPY) which tracks the S&P 500 index.
The retail sector often outperforms the broader market around Black Friday. Investors can focus on retail sector ETFs like the SPDR S&P Retail ETF (NYSE:XRT) or individual retailer's stocks like Amazon.com, Inc. (NASDAQ:AMZN) or Walmart, Inc. (NYSE:WMT) to capture the momentum created by one of the busiest shopping days of the year.
Upcoming Market Holidays:
- Nov. 28, 2024 – Thanksgiving Day, markets closed.
- Nov. 29, 2024 – Black Friday, stock market closes at 1 p.m. ET, bond market closes at 2 p.m. ET.
- Dec. 24, 2024 – Christmas Eve, stock market closes at 1 p.m. ET, bond market closes at 2 p.m. ET.
- Dec. 25, 2024 – Christmas Day, markets closed.
- Dec. 31, 2024 – New Year's Eve, stock market regular hours, bond market closes at 2 p.m. ET.
- Jan. 1, 2025 – New Year's Day, markets closed.
Read More: Black Friday, Cyber Monday Shopping Set To Break Sales Records
Image: Reto Keller from Pixabay
