US Stock Market Holidays: S&P 500 and Nasdaq Trading Status on Memorial Day

US Stock Markets to Reopen After Memorial Day Holiday

The US stock markets are scheduled to reopen on Tuesday, following a four-day closure for the Memorial Day holiday. The New York Stock Exchange (NYSE) and the Nasdaq Stock Market will resume trading at the usual time of 9:30 am EST on Tuesday, allowing investors to buy and sell stocks in the US stock market indices, including the S&P 500, Nasdaq, and the Dow Jones.

The bond market, however, will remain closed for the holiday. This marks the end of a turbulent week dominated by earnings reports and ongoing uncertainty over the US-Iran peace negotiations.

What is Memorial Day?

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Memorial Day is observed on the last Monday of May each year to honor and remember military personnel who died while serving the country, both in war and in peacetime. Many people visit cemeteries and memorials, and volunteers place American flags on graves at national cemeteries. A national moment of remembrance takes place at 3 p.m. local time, according to the US Department of War.

Memorial Day is one of three US holidays dedicated to the military. Armed Forces Day, celebrated on the third Saturday of May, honors active service members, while Veterans Day on November 11 recognizes those who served in the past.

US Stock Market Performance Around Memorial Day

According to a Barron's report, the S&P 500 has gained 0.5% each May over the past 20 years. Over the past decade, that number has increased to roughly 1.5%.

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Upcoming US Stock Market Holidays

Following the Memorial Day holiday, the US stock market will be closed on five other occasions, with shorter trading days on two others. Wall Street will be closed once in June, July, September, November, and December. The next US stock market holiday will fall on June 19 for Juneteenth, followed by Independence Day in July. Labour Day, Thanksgiving Day, and Christmas are the other three holidays that will fall in the second half of the year.

US Stock Market Ends on an Upbeat Note

The US stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season. The S&P 500 notched its eighth consecutive weekly gain, its longest since a nine-week streak ended in December 2023.