This year, Monday, May 27, is a federal holiday, during which banks are closed, mail is not delivered, many public schools are closed, and the hours of operation of other businesses and government agencies are affected.
Will the stock market open on Memorial Day 2024?
The New York Stock Exchange and Nasdaq will be closed today in observance of a public holiday. The over-the-counter market and the U.S. Treasury bond market will also be closed.
The bond market also closed early at 2 p.m. Eastern time ahead of the Friday holiday.
Is the international market closed today?
The London Stock Exchange will be closed for Memorial Day, but not for today’s spring bank holiday in the UK.
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The Tokyo Stock Exchange, Shanghai Stock Exchange, Hong Kong Stock Exchange, Frankfurt Stock Exchange and Paris Stock Exchange will trade on Monday.
What do you celebrate on Memorial Day?
According to the Department of Defense, Memorial Day is celebrated in the United States on the last Monday of May each year to commemorate those who died while serving in the U.S. military. The Department of Defense points out that while Memorial Day commemorates those who made the ultimate sacrifice, Veterans Day, celebrated in November, honors the service of all U.S. veterans.
Non-essential federal offices, post offices, U.S. courts and banks will also be closed Monday.
What’s next for the stock market?
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The past few months have been busy, but the year isn’t even half over yet: Hopes of an artificial intelligence boom have boosted stocks, inflation fears have resurfaced, volatility in meme stocks has briefly returned, and a TikTok ban just passed Congress.
Despite the flurry of news, the index is doing well so far.
Dow Jones Industrial Average,
S&P 500,
and
Nasdaq Composite Index
These increases were 3.7%, 11% and 13%, respectively.
Salesforce’s earnings report is expected once investors return from the long weekend.
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home page
,
Abercrombie & Fitch
,
Chewy
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Advance Auto Parts
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Costco Wholesale
,
Dell Technologies
,
others.
Email Emily Dattilo at emily.dattilo@dowjones.com.
