Business
U.S. Stock Markets Closed for Memorial Day on May 27
(CTN News) – The U.S. stock market will be closed on Monday, May 27, for Memorial Day.
The Nasdaq and New York Stock Exchange will be closed on Monday and reopened on Tuesday, May 28. According to the Securities Industry and Financial Markets Association, the U.S. bond market will close at 2 p.m. ET on Friday, May 24.
Memorial Day is one of numerous holidays in the United States commemorates and honors the military. Originally known as “Decoration Day,” it was established in the 1860s to honor those who died while serving in the military.
After Memorial Day, Wall Street will resume regular operations until mid-June. The next scheduled stock market closure is on Wednesday, June 19th, in honor of Juneteenth.
United States stock market 2024 holiday schedule
Markets will be closed for the following holidays:
- Memorial Day: Monday, May 27
- Juneteenth: Wednesday, June 19
- Independence Day: Thursday, July 4 (markets also close at 1 p.m. ET on July 3)
- Labor Day: Monday, Sept. 2
- Thanksgiving: Thursday, Nov. 28 (markets also close at 1 p.m. ET on Nov. 29)
- Christmas: Wednesday, Dec. 25
Memorial Day Traditions
Historically, Memorial Day has served as the unofficial start of summer. Thousands of students have the day off from school, and office workers enjoy a long weekend. As well as honoring fallen military heroes, it is a time for gatherings, barbecues, and outdoor activities.