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Government, Markets Close for Memorial Day as Retailers Remain Open and Travelers Set Records

Banks, post offices and stock exchanges suspended operations on May 26 to honor U.S. military personnel who died in service.

Overview

  • Federal, state and local government offices including courts and schools were closed nationwide for Memorial Day.
  • The New York Stock Exchange and Nasdaq remained shuttered on Monday with trading resuming on Tuesday.
  • Most major retailers such as Walmart, Target and home improvement chains stayed open while Costco warehouses were closed for the holiday.
  • UPS and FedEx halted standard pickup and delivery services except for their express critical shipping operations.
  • AAA projected a record 45.1 million Americans would travel 50 miles or more over the Memorial Day weekend.