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Are Banks & the Stock Market Open on Memorial Day Weekend 2020?

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Most banks will remain open on Friday, May 22 for regular business hours, although the stock market closes at 2 p.m. instead of 4.
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Is the stock market open or closed on Memorial Day weekend, 2020? Here’s what you need to know about the stock market holiday schedule.
May 22, the Friday before Memorial Day, is NOT a federal holiday, so most banks are open today, although hours may vary depending on your location. The stock market also remains open on Friday with reduced hours – Nasdaq closes at 2 p.m. today instead of 4.
Memorial Day falls on Monday, May 25 this year, and since it is a federal holiday most government services will be closed all day, including banking institutions and the stock market. Other services unavailable on Monday include mail delivery, the DMV and all county libraries, as well as local, state and federal courts.
The stock market will reopen on Tuesday, May 26, and proceed with its normal hours – opening at 9:30 a.m. EST and closing at 4 p.m. EST. The next market holiday is Independence Day, which falls on a Saturday this year, so the market will be closed the Friday before, on July 3.

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