Tropics likely to stay quiet through at least Labor Day
For the second year in a row, we may have no named tropical systems in the Atlantic on Labor Day, which is rare during the peak of hurricane season.
United States stock markets will be closed on Monday, Sept. 1 in observance of Labor Day.
The Nasdaq and the New York Stock Exchange will be closed on the day and will reopen on Tuesday, Sept. 2. The U.S. bond market will also be closed on Sept. 1, according to the Securities Industry and Financial Markets Association.
Labor Day celebrates “the social and economic achievements of American workers” and is rooted in the late nineteenth century, when labor activists pushed for a federal holiday “to recognize the many contributions workers have made to America’s strength, prosperity, and well-being,” according to the U.S. Department of Labor.
The first Labor Day was celebrated on Tuesday, Sept. 5, 1882, in New York City, and by 1894, 23 more states had adopted the holiday. President Grover Cleveland signed a law making the first Monday in September of each year a national holiday on June 28, 1894.
After shuttering for Labor Day, it will be business as usual on Wall Street until late November. The next scheduled stock market closure is on Thursday, Nov. 27 in observance of Thanksgiving.
United States stock market 2025 holiday schedule
Markets will be closed for the following holidays:
- Labor Day: Monday, Sept. 1
- Thanksgiving: Thursday, Nov. 27
- Christmas: Thursday, Dec. 25
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at Gdhauari@gannett.com.