US Stock Market Holiday: Trading Closed On Nasdaq, NYSE On May 25 For Memorial Day; Wall Street Weekly Outlook

US stock market will be closed on Nasdaq and NYSE on May 25 for the commemoration of Memorial Day. Wall Street will begin its first trading session this week on May 26, 2026. Last week, all three indices closed on a bullish note due to rising optimism for a US-Iran peace deal and solid corporate results. This week, experts are bullish; however, crude oil and treasury yields could be primary drivers of sentiments despite a host of queued economic and earnings data. If the US-Iran peace deal stalls yet again, the bullish outlook could be derailed.

US Stock Market Holiday 2026:

According to both the NYSE and Nasdaq holiday list for 2026, May 25th marks as the Memorial Day holiday. Hence, trading in equities, currencies, derivatives and other market related instruments on these exchanges will be shut. Bond market will be up for an early close. But US stock futures in other foreign exchanges are available for trading.

This is the only special holiday of Wall Street in May 2026. That being said, this week, US market will be open only on May 26, May 27, May 28 and May 29. But they will be closed on May 25, May 30, and May 31.

May 30th and May 31st are weekend holidays.

Memorial Day Holiday 2026:

Memorial Day is one of the most important holidays in the USA, which is also recognized as federal holiday. On this day, citizens mourn, honour and commemorate the sacrifices of US soldiers for the nation. Citizens visit cemeteries and volunteers place American flags on the graves of all fallen soldiers in national cemeteries. The holiday has more than 100 years of old history.

The world wars were brutal, painful and heavy with losses back in 1800s to 1900s. The official recognition as a holiday for honoring the solders started with New York in 1873. But by 1890, all states in the USA had adopted the holiday. In 1968, the Congress changed the observance of this day to the last Monday in the May. By 1971, the day was recognized as Memorial Day.

Hence, since its a federal holiday, it also means bank holiday, public holiday, school holiday and government offices holiday. Many private companies also follow the holiday.

US Stock Market Weekly Outlook:

According to Charles Schwab experts, Nathan Peterson and Jim Ferraioli, this week's trading sessions will be flooded with several earnings report such as Dell, Marvell, Salesforce, and Snowflake among others. Along with this, various high-profile retailers like Abercrombie & Fitch, Autozone, Best Buy, DICK's Sporting Goods, etc. are scheduled to declare their quarterly results.

Meanwhile, on the economical front, key data of monthly Personal Consumption Expenditures (PCE) Prices which is preferred by the Federal Reserve for inflation analysis. Also, the US will declare the Q2 gross domestic product (GDP) estimate.

However, both the experts believe amidst quarterly earnings and economic data, oil prices and treasury yields will be primary drivers of the US stock market.

"This of course infers progress, or lack of, related to a potential Iran peace deal is a dominant factor. Technically, I'm encouraged to see fresh all-time highs in both the S&P 500 Equal Weight and the Dow Jones Industrial Average today, which are both bullish and indicate a healthy broadening of the rally," the duo said.

Therefore, they are bullion for Wall Street this week. But their stance could be challenged. The duo's note said, "degradation in Iran peace talks, higher oil prices and higher Treasury yields could all derail the bulls."

US stock futures in the other foreign markets were trading higher on Monday, showing signs of improved sentiments as US and Iran move closer to a peaceful agreement, which is likely to reopen Strait of Hormuz.

Last week, the Dow Jones Industrial Average recorded weekly gains of 2.13% and ended the week at 50,579.70. Meanwhile, S&P 500 gained nearly 1% to close the week at 7,473.47, and Nasdaq Composite saw 0.5% upside to close the weekly performance at 26,343.97.