Thanksgiving is on November 25, 2021, this year. Are banks open? What about the stock market?
Getty T hanksgiving is celebrated on the fourth Thursday every November, providing an opportunity to gather with friends and family to give thanks. The holiday has become synonymous with the parade, football and dog show, while Americans dine on turkey and pumpkin pie. According to History.com, Abraham Lincoln made it a national holiday to be celebrated on the last Thursday of November by presidential proclamation in 1863. Franklin D. Roosevelt moved the holiday up a week starting in 1939, in an attempt to “spur retail sales,” the website explained. After opposition, he signed a bill in 1941 moving it to the fourth Thursday of the month. Federal holidays often usher in business closures to allow employees to celebrate. So are banks and the stock market open or closed? Here is what you need to know: Banks are typically open throughout the workweek, with Policygenius reporting the average bank opens between 8 and 9 a.
