US Market Closure for Thanksgiving: Nov 27, 2025 Analysis & Black Friday Preview

US stock markets are closed today (November 27) for the Thanksgiving holiday, with no regular trading activity [1]. On November 26, major indices posted gains (Dow +0.49%, S&P +0.28%, Nasdaq +0.22%) driven by rate cut hopes [0][2]. Markets will reopen tomorrow (November 28) for Black Friday with an early close at 1 PM ET [1].

• Indices
  : Dow Jones Industrial Average closed at 47,427.13 (+0.49%), S&P 500 at 6,812.60 (+0.28%), Nasdaq Composite at 23,214.69 (+0.22%) [0].
• Sectors
  : Energy led gains (+1.76%), followed by Consumer Defensive (+1.31%) and Financial Services (+1.10%). Healthcare was the only laggard (-0.11%) [0].
• Sentiment
  : VIX (volatility index) dipped to 17.19 (-1.37%) on November 26, reflecting reduced short-term fear despite Fed policy uncertainty [3].

1. Fed Rate Cut Expectations
   : Markets priced an 83% chance of a 25-basis-point rate cut in December as of November 27, driven by dovish Fed commentary and weak demand indicators [3][4].
2. Economic Data
   : November’s Chicago PMI fell to 36.3 (vs. 43.6 estimate), signaling contraction in manufacturing activity [2]. Initial jobless claims hit a nine-month low, but this was offset by other cooling indicators [4].
3. Thanksgiving Closure
   : US equity and options markets are fully closed today, with no economic data releases scheduled [1].

• Energy Sector
  : Led by crude oil-related stocks (no specific tickers available from tools) due to supply concerns and rate cut optimism [0].
• Healthcare
  : Underperformed due to profit-taking in pharma stocks (no specific tickers available from tools) [0].

• Black Friday (Nov28)
  : Markets will open at 9:30 AM ET and close early at 1 PM ET. Trading volumes are expected to drop to ~45% of typical levels [3].
• Next Week
  : Key events include the December 1 ISM Manufacturing Index and December 2 earnings from Marvell Technology (MRVL) and CrowdStrike (CRWD) [4].
• Risk Factors
  : Investors should monitor Fed speaker comments next week for any shifts in rate cut expectations [3].

[0] Ginlix Analytical Database
[1] Economic Times: Is US stock market open today, Nov 27? Are New York Stock Exchange (NYSE) and Nasdaq trading on Thanksgiving and Black Friday (2025)
URL: https://m.economictimes.com/news/international/us/is-us-stock-market-open-today-nov-27-are-new-york-stock-exchange-nyse-and-nasdaq-trading-on-thanksgiving-and-black-friday/articleshow/125614423.cms
[2] CNBC: Stocks log fourth day of gains ahead of Thanksgiving as tech rebounds (2025)
URL: https://www.cnbc.com/2025/11/25/stock-market-today-live-updates.html
[3] AInvest: Nov.27 Market Analysis: Fed Speculation and Rally Dynamics (2025)
URL: https://www.ainvest.com/news/nov-27-market-analysis-fed-speculation-rally-dynamics-2511/
[4] Charles Schwab: Before Holiday Feasts, Stocks Build on 3-Day Rally (2025)
URL: https://www.schwab.com/learn/story/stock-market-update-open

Disclaimer

: This analysis reflects market conditions as of November 27, 2025, and is for informational purposes only. It is not investment advice. Always consult a qualified financial advisor before making trading decisions.
Market closure information is confirmed by official exchange schedules and trusted financial news sources.