Wall Street holiday: US stock markets will remain closed on Thursday, November 28 and close early on Friday, November 29, in observance of the Thanksgiving holiday. According to the Securities Industry and Financial Markets Association, the Nasdaq Stock Exchange and New York Stock Exchange (NYSE) will both be closed on account of Thanksgiving.
The US stock exchanges will open for half a day on November 29 and close early at 1 p.m. EST (Eastern Standard Time) for Thanksgiving. The US bond market will also be closed on Thursday and close at 2 p.m. EST on Friday. After closing for the Thanksgiving holiday and closing early on Black Friday, it will be business as usual on Wall Street until late December.
The next scheduled stock market closure is on Wednesday, December 25, in observance of Christmas holiday. Markets are also scheduled to close early on Christmas Eve. Wall Street ended lower Wednesday as traders booked profits ahead of the Thanksgiving holiday. The S&P 500 fell 0.4 per cent and the Dow fell 0.3 per cent. The Nasdaq composite index, heavily weighted with technology stocks, fell 0.6 per cent on November 27.
World markets today
Shares opened higher in Europe on Thursday after a mixed Asian session following a Big Tech-led retreat on Wall Street. Germany’s DAX advanced 0.7 per cent to 19,394.41 while the CAC 40 in Paris gained 0.6 per cent to 7,185.13. Britain’s FTSE 100…