Why the US Stock Market Is Closed Today: Memorial Day falls on the last Monday of May every year, and in 2026 that means today, May 25, marks a full trading holiday across all major US stock exchanges. The New York Stock Exchange, Nasdaq, and the benchmark indexes — the Dow Jones Industrial Average and the S&P 500 — will not trade today. No orders will be executed, no closing bell will ring, and no settlement activity will take place on US equity markets. Bond markets, operated through SIFMA-recommended guidelines, are also fully closed. If you are wondering whether your brokerage account or retirement fund is active right now, the answer is no — and that pause is entirely by design.
For everyday investors, a market holiday like Memorial Day carries more weight than it might seem at first glance. It does not just mean a day off from watching tickers. It means no liquidity, no price discovery, and no reaction to news that may have emerged over the weekend.