How Does the Stock Market Historically Perform During Thanksgiving Week?

Core Insights - The U.S. stock market is closed on Thanksgiving Day, November 27, and will close early at 1 p.m. on Black Friday [1] - As of November 21, 2025, the S&P 500 index has gained 12.3% and the Nasdaq Composite index has gained 15.3%, with total returns of 13.6% and 16% respectively, exceeding the long-term historical average of about 10% [1] Market Performance During Thanksgiving Week - Historical analysis indicates that the stock market tends to outperform during Thanksgiving week compared to its annual performance, based on data from the past 10 years [5] - In seven out of the past 10 years, Thanksgiving week performed better than expected relative to the S&P 500's annual performance [7]