November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.
On November 25th (next Friday), the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.
Stocks in China, Britain, Australia and Singapore will trade as usual.
Background
Thanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.
Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.
