Thanksgiving Day (Nov. 28) is around the corner. All financial markets in the United States, including stocks, will be closed for one day.
On November 29, 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, Singapore, Australia and Britain will trade as usual.
Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.
Background
Thanksgiving is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, Liberia, and unofficially in countries like Brazil and the Philippines. It is also observed in the Dutch town of Leiden and the Australian territory of Norfolk Island. It began as a day of giving thanks for the blessings of the harvest and of the preceding year (similarly named harvest festival holidays occur throughout the world during autumn, including in Germany and Japan).
Thanksgiving 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. Although Thanksgiving has historical roots in religious and cultural traditions, it has long been celebrated as a secular holiday as well.
Black Friday is a colloquial term for the Friday after Thanksgiving in the United States. It traditionally marks the start of the Christmas shopping season in the United States. Many stores offer highly promoted sales at discounted prices and often open early, sometimes as early as midnight or even on Thanksgiving. Some stores' sales continue to Monday ("Cyber Monday") or for a week ("Cyber Week").
Black Friday has routinely been the busiest shopping day of the year in the United States.