U.S. Markets Adjust Trading Hours for Thanksgiving Holiday

According to BlockBeats, the trading schedule in the United States will be adjusted this week due to the Thanksgiving holiday. On November 28, both the U.S. stock and bond markets will be closed for the entire day. This closure is in observance of the Thanksgiving holiday, which traditionally results in a shortened trading week. Furthermore, on November 29, the markets will close earlier than usual. This early closure affects various trading platforms and contracts, including those under the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE). Specifically, trading for precious metals, crude oil, foreign exchange, and stock index futures on the CME, as well as Brent crude futures on the ICE, will conclude earlier on both November 28 and November 29. These adjustments are typical during major U.S. holidays, reflecting a decrease in trading activity as market participants take time off. The changes are designed to accommodate the holiday schedule while ensuring that trading operations continue smoothly in the days surrounding the holiday.