The U.S. stock market is closed today, Thursday, November 27, 2025, in observance of the Thanksgiving holiday. Both the New York Stock Exchange (NYSE) and Nasdaq are shut down for the full day, with trading set to resume on Friday, November 28, for a shortened session.
Leading into the holiday, the Dow Jones Industrial Average (^DJI) concluded its last full trading session on Wednesday, November 26, with significant gains, rising 314.67 points (0.67%) to close at 47427.12. This upward momentum was largely driven by pervasive investor optimism for a potential Federal Reserve interest rate cut in December. Traders are reportedly betting on a high probability of such a cut, which has fueled a broader rally across U.S. indices and global markets. Dow Futures (YM=F) were nearly unchanged in early Thursday trading, reflecting the holiday pause.
The positive sentiment before the holiday weekend led to strong performances for several Dow components. Among the biggest gainers were Boeing (BA), which climbed 2.46%, Walmart (WMT) up 2.07%, and Microsoft (MSFT) rising 2.04%. Conversely, some stocks experienced declines in the last session, with Salesforce (CRM) falling 2.51%, Merck (MRK) down 0.73%, and 3M (MMM) dropping 0.43%.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.