US market closed on Monday for Memorial Day?


On Memorial Day, May 29, the US stock market will be closed. Due to the holiday, the US bond market will close.

On Memorial Day, May 29, the New York Stock Exchange and Nasdaq will be closed. US markets will open Tuesday.

Juneteenth will be the next US stock market holiday on June 19, 2023.

US Memorial Day is a federal holiday held on the final Monday of May to honor and commemorate US military soldiers who died while serving.

In 1971, Congress made Memorial Day a national holiday. The day is supposed to honor American soldiers who died in service.

Most banks and financial organizations will shut on Monday for Memorial Day, along with Wall Street.

US government offices, USPS, and major delivery services like FedEx and UPS will be closed on Memorial Day.

Progress in US debt limit discussions and a chip sector rise driven by artificial intelligence confidence lifted the US stock market on Friday.

The S&P 500 increased 1.30% to 4,205.45, while the Dow Jones Industrial Average advanced 1% to 33,093.34. At 12,975.69, the tech-heavy Nasdaq rose 2.19%.


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