Business

Stock Market Performance During Thanksgiving Week

As the Thanksgiving holiday week approaches, the U.S. stock market is showing positive momentum. This uptick is attributed to better-than-expected earnings from major retailers like Target and Macy’s.

Thanksgiving Week Trading Schedule

Investors will have three full days of stock trading during the week, with the New York Stock Exchange (NYSE) and the Nasdaq operating from 9:30 a.m. to 4 p.m. ET.

However, on Thanksgiving Thursday, both U.S. equity and Treasury markets will be closed, pausing all stock and bond trading.

Black Friday and Small Business Saturday

The day after Thanksgiving, known as Black Friday, marks the official start of the shopping season. The stock market will operate on a shortened schedule from 9:30 a.m. to 1 p.m. ET.

Retail stocks, including giants like Walmart, Amazon, and Macy’s, are expected to be particularly active as consumer spending data starts to emerge. Following Black Friday, Small Business Saturday encourages shoppers to support local and small brick-and-mortar businesses.

The Thanksgiving week is a significant period for the stock market, often reflecting consumer sentiment and retail performance as the holiday shopping season kicks off.

With information from: Fox Business.

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