US Market Holiday On June 26? Nasdaq Crashes For 4th Day In Row; DJIA, S&P 500 Volatile; Wall Street Outlook

The US stock market continued to witness a mixed trend overnight, with the Dow Jones ending in green but the Nasdaq Composite 100 index recording its fourth consecutive day of decline. However, some stock markets in some countries such as India, Pakistan, Bahrain and Zimbabwe are closed on June 26, 2026, for Muharram. Does this mean the US stock market will be closed on Friday as well? Let's understand where Wall Street is headed.

US Stock Market Holiday On June 26 Or Not?

Firstly, it needs to be noted that the US stock market follows a very different pattern of holidays in comparison to other countries. They mostly take into account national holidays and Christmas-related occasions. Not all federal holidays in the USA are considered market holidays.

While Muharram or Ashura is celebrated widely across the world by Muslims, it is not considered a stock market holiday in the USA. Hence, trading on Wall Street will remain open as normal on June 26.

Stock Markets Closed On June 26:

Among stock exchanges that are closed on June 26 are BSE, NSE Pakistan Stock Exchange (PSX), Zimbabwe Stock Exchange (ZSE), and Bahrain Bourse.

Stock Markets Opened On June 26:

Major global exchanges are expected to operate normally, including:

- United States (NYSE, Nasdaq)

- United Kingdom (London Stock Exchange)

- Canada (Toronto Stock Exchange)

- Germany (Frankfurt Stock Exchange)

- France (Euronext Paris)

- Japan (Tokyo Stock Exchange)

- Hong Kong Stock Exchange

- Singapore Exchange (SGX)

- Australian Securities Exchange (ASX)

- Korea Exchange (KRX)

US Stock Market On June 25:

The Dow Jones Industrial Average (DJIA) closed at 51,920.62 on Thursday, registering an upside of 71.72 points or 0.14%. Meanwhile, the S&P 500 ended at 7,357.49, which was marginally down.

The Nasdaq Composite 100 index finished at 25,358.60, declining by 118.03 points or 0.46%. This will be the fourth consecutive decline for Nasdaq.

Notably, US stock futures were little changed on Friday after the major indexes ended mixed in the previous session following volatile trading, as renewed weakness in megacap technology stocks offset optimism driven by a bullish outlook for memory-chip makers. On Thursday, the Nasdaq Composite fell 0.46%, marking its fourth consecutive day of losses, as an early rally sparked by Micron's upbeat forecast gave way to broad selling across the technology sector, as per the Trading Economics report.

Among movers and draggers, stocks like Micron skyrocketed by 15.7% after reporting strong results and also guided a robust revenue outlook for the August quarter, lifting other chip-related stocks, including Other stocks such as Sandisk (22%), Applied Materials (13.4%), and Western Digital (4.9%). On the other hand, among top losers, megacap technology shares remained under pressure, with Apple (-6.1%), Nvidia (-1.6%), Microsoft (-3.5%), Amazon (-3.1%), and Meta (-2.7%).

As per Ponmudi R, CEO of Enrich Money, global market sentiment turned more constructive as Micron's strong earnings and upbeat guidance revived optimism around the technology and artificial intelligence sectors. The results helped alleviate concerns stemming from the previous session's broad-based sell-off and provided support for global risk appetite.

The expert further added, energy markets extended their decline as continued progress in the Middle East peace talks reinforced expectations of a more stable supply environment.