U.S. lawmakers look into bill banning Congress from stock trading
Reports say the Restore Trust in Congress Act combines previous attempts to ban congressional leaders from stock trading.
Fox – 26 Houston
The United States stock markets are closed Monday, May 25, in observance of Memorial Day, the holiday that honors fallen military personnel.
Additionally, U.S. Post Offices, banks, some businesses and non-essential government agencies are closed.
Here’s what to know.
Is the stock market open on Memorial Day?
The NASDAQ and New York Stock Exchange are closed and will reopen again at 9:30 a.m. on Tuesday, May 26.
The U.S. bond market also is closed, according to the Securities Industry and Financial Markets Association.
United States stock market 2026 holiday schedule
U.S. stock markets will be closed on the following days in 2026:
- Monday, May 25: Markets closed for Memorial Day
- Friday, June 19: Markets closed for Juneteenth National Independence Day
- Friday, July 3: Markets closed for Independence Day (observed)
- Monday, Sept. 7: Markets closed for Labor Day
- Thursday, Nov. 26: Markets closed for Thanksgiving
- Friday: Nov. 27: markets close at 1 p.m. the Friday after Thanksgiving
- Thursday, Dec. 24: Markets close at 1 p.m. for Christmas Eve
- Friday, Dec. 25: Markets closed for Christmas Day
What is the Dow Jones?
The Dow Jones Industrial Average (DJIA) tracks America’s biggest and most established publicly owned blue-chip companies on the New York Stock Exchange and NASDAQ.
According to Investopedia, the Dow Jones is named after Charles Dow, who created the index in 1896 with his business partner, Edward Jones. The mix of stocks tracked has changed over the years.
What is the S&P 500?
The Standard & Poor’s 500 Index is a weighted index of 500 leading publicly traded companies in the U.S.
It’s not an exact list of the top 500 U.S. companies, but is regarded as one of the best gauges of the stock market overall, Investopedia says.
What is the NASDAQ?
The National Association of Securities Dealers Automated Quotations (NASDAQ) is an electronic marketplace for buying and selling securities. Most of the world tech giants are listed on the NASDAQ, according to Investopedia.
What is the NYSE?
The New York Stock Exchange (NYSE) is “capitalism at its best, the belief that the free and fair markets offer every individual the chance to benefit from success,” the public entity says on its website.
Dating back to 1792, it’s the largest stock exchange in the world, based on total market capitalization of its listed securities.
Jalen Williams is a trending reporter at the Detroit Free Press. Contact him at jawilliams1@freepress.com.