Are banks open on Black Friday 2017? What about the post office and the stock market?
Thanksgiving Day is an official federal holiday. But the day after Thanksgiving — Friday, Nov. 24, also known as Black Friday — is not. Even so, virtually all schools are closed, many states recognize the day as a holiday, and many companies give workers Black Friday off as a vacation day.
So what's open and what's closed on Black Friday 2017? Here's what you need to know.
Are banks open on Black Friday 2017?
The overwhelming majority of large banks are open for business as usual on Black Friday, with normal hours at bank branches across the country. Banks like Wells Fargo, Chase, and HSBC confirmed to Money that bank branches are open on Black Friday, and virtually all other major banks will be open with normal hours.
There are a few exceptions, however. They include some bank branch locations in areas that are closed to visitors on Black Friday. For example, if a bank branch is located on a college campus that is closed on Black Friday, the bank may be closed that day as well.
Some credit unions and small local banks may also be closed on Black Friday. For example, branches of North Carolina-based Welcome Federal Credit Union and Michigan's Allegan Credit Union are closed on Black Friday. If you do your banking at a credit union or local bank, check to see if branches are open on Black Friday.
Is the post office open on Black Friday?
Post offices are generally closed on all federal holidays, including Columbus Day, Thanksgiving, and Christmas. But since Black Friday is not a federal holiday, post offices are open and mail is delivered like normal on Friday, Nov. 24.
Is the stock market open on Black Friday?
Yes, but hours are limited. The New York Stock Exchange is open on Black Friday, but markets close at 1 p.m. ET. Likewise, Nasdaq is closed on Thanksgiving and open on Black Friday with limited hours: The close is scheduled for 1 p.m. on Friday, Nov. 24.
Are any stores closed on Black Friday?
Black Friday is famous for being an epic day for shopping, so virtually all stores are open — most with extended holiday hours and new rounds of deals popping up around the clock.
One notable exception is REI. In recent years, as backlash arose around stores being open on Thanksgiving, the outdoors retailer made a point of remaining closed on Black Friday as well as Thanksgiving. As REI has in the past, it is encouraging people to skip the mall on Black Friday and instead enjoy the great outdoors in any manner under the sun, with its #OptOutside movement. Participants are asked to share pictures of their outdoor adventures on Instagram using that hashtag.