Yes, most banks and the stock market are open on Black Friday

Black Friday is not a federal holiday. Therefore, most banks and the stock market do not close during the day, although the Nasdaq stock exchange will close early.

It's the day after Thanksgiving and many people are still taking time off from work or school. Some people take advantage of this day off to relax or spend time with family, while others look for Black Friday deals.

Popular Google Searches The days leading up to Thanksgiving included questions about whether banks and the stock market are open on Black Friday.

THE QUESTION

Are most banks and the stock market open on Black Friday?

THE SOURCES

THE ANSWER

Yes, most banks and the stock exchange are open on Black Friday.

WHAT WE FOUND

Most banks and stock markets close for the day same vacation what federal government employees do. Black Friday is not a federal holiday, which means most banks and the stock market remain open.

There are 10 federal holidays, the US Department of Commerce says. Thanksgiving is one of those 10, but Black Friday is not. In fact, no two federal holidays fall on consecutive days.

The 10 federal holidays are also considered bank or Federal Reserve holidays, the Federal Reserve Bank of Atlanta says. These holidays are observed by all member banks of the Federal Reserve.

Many of the largest banks in the country also respect this holiday calendar, according to a list compiled by GOBankingFees. Bank of America, Wells Fargo, Citi and Fifth Third Bank are among the many banks that observe the federal holiday calendar.

Some credit unions follow separate schedules and therefore close on Black Friday, GOBankingRates says. Credit unions that will be closed on Black Friday include Members Credit Union, Signature Federal Credit Union, Unify Financial Credit Union and Welcome Federal Credit Union.

He NYSE, or the New York Stock Exchange, also follows the federal holiday calendar. He nasdaq stock exchange It also largely follows federal hours, except that it closes early on two additional days: Black Friday, when it closes at 1:00 pm ET, and July 3, when it also closes at 1:00 pm ET.

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