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just realized the stock market's gonna be closed again soon for memorial day. yeah, all the major exchanges including NYSE and Nasdaq shut down on the last monday of may every year. this year it's may 25th, so mark your calendars if you're trading.
kind of interesting how this holiday came about though. used to be called decoration day way back after the civil war. general john a. logan and some union veterans decided may 30, 1868 was the day to honor fallen soldiers. they picked that date specifically because it wasn't tied to any single battle, so it could honor everyone. over time it expanded beyond just civil war casualties to all military personnel who died in service.
the whole thing became official memorial day in 1967, then in 1971 it got locked in as a federal holiday on that last monday in may. the government basically wanted to standardize things and give workers a consistent long weekend. bond markets also close that day btw, so if you're doing anything with treasuries or corporate bonds, you're looking at a full market shutdown.
beyond the stock market closure, most people use the day to visit memorials, go to parades, or just hang with family since it marks the unofficial start of summer. there's also this thing where at 3pm everyone's supposed to pause for a minute of silence. honestly it's a good reminder that there's more to the market calendar than just making money.
so yeah, if you trade, remember the memorial day stock market closure. next big one after that is juneteenth on june 19th if you're already planning ahead.