NEW YORK — The New York Stock Exchange and Nasdaq Stock Market are closed Monday for Memorial Day, the federal holiday honoring Americans who died in military service, leaving investors without regular trading opportunities on the unofficial start of summer.

Both major U.S. exchanges observe the holiday with no equity trading sessions, following the standard federal holiday schedule set by the U.S. Office of Personnel Management. Core trading hours on regular weekdays run from 9:30 a.m. to 4 p.m. Eastern Time, but those hours do not apply today as markets pause for the national observance.

Memorial Day 2026 falls on its traditional date, the last Monday in May, giving many workers a three-day weekend for travel, barbecues and remembrance events. The closure aligns with long-standing practice for U.S. financial markets, which treat the day as one of nine annual full market holidays.

The decision reflects broader respect for the holiday’s significance while providing market participants a break amid what has been a volatile year for equities. With Treasury yields climbing and consumer borrowing costs rising, some traders may welcome the pause before resuming activity Tuesday.

The full 2026 NYSE and Nasdaq holiday schedule includes several other closures:

• Memorial Day: Closed (Monday, May 25)
• Juneteenth: Closed (Friday, June 19)
• Independence Day: Closed (Observed Friday, July 3)
• Labor Day: Closed (Monday, Sept. 7)
• Thanksgiving Day: Closed (Thursday, Nov. 26; early close at 1 p.m. ET on Nov. 27)
• Christmas Day: Closed (Friday, Dec. 25; early close at 1 p.m. ET on Dec. 24)

These dates provide predictability for institutional and retail investors planning around major observances. Early closes before certain holidays allow for orderly settlement and position adjustments.

Financial markets in the United States have observed Memorial Day closures consistently for decades. The tradition ties into the broader federal calendar, ensuring alignment with government offices, banks and many businesses. While some electronic trading platforms may show limited after-hours activity or futures trading, the primary cash equity markets remain dark.

Banks and most federal offices are also closed, affecting services like wire transfers, loan processing and government-related financial transactions. Bond markets, including Treasurys, typically follow the equity holiday schedule, though some fixed-income trading can occur over-the-counter in limited fashion.

For individual investors, the closure means no real-time price movements in stocks, ETFs or options. Those monitoring retirement accounts or brokerage platforms will see no updates until markets reopen Tuesday morning. Pre-market and after-hours trading are also suspended for the regular session.

The holiday comes at a notable time for markets. Recent sessions have seen pressure from rising bond yields, with the 10-year Treasury note climbing amid inflation concerns and higher oil prices. Many analysts expect renewed volatility when trading resumes, particularly around upcoming economic data releases and corporate earnings.

Retail investors have increasingly engaged with markets through apps and commission-free platforms, making holiday closures more noticeable. Social media discussions often spike around these dates as beginners ask basic questions about trading availability.

Market veterans note that holidays like Memorial Day can create opportunities for reflection on longer-term strategies. With geopolitical tensions and domestic policy debates influencing sentiment, the break allows time to review portfolios without daily noise.

Historically, the stock market has shown mixed performance in the sessions immediately following Memorial Day. Some years bring a summer rally, while others see consolidation as traders return to desks. No consistent seasonal pattern guarantees results, but the holiday often marks a shift toward lighter summer trading volumes.

The origins of Memorial Day trace back to the Civil War era, when communities began decorating graves of fallen soldiers. It evolved into a national holiday focused on remembrance, separate from Veterans Day, which honors all who served.

In 2026, commemorations include ceremonies at Arlington National Cemetery and events across the country. The financial industry participates through moments of silence and charitable activities supporting military families, even as business halts for the day.

For global markets, the U.S. closure has ripple effects. Asian and European exchanges operated normally Monday, though with potentially lower liquidity in U.S.-related assets. Currency markets and commodities like oil and gold continued trading, providing some outlets for those seeking exposure.

Futures contracts on stock indexes may see limited activity in electronic sessions, but with reduced participation. Professional traders often use such periods for analysis rather than execution.

Looking ahead in the 2026 calendar, investors face several more market holidays that will impact planning. The early close before Independence Day and the traditional late-November Thanksgiving break are among the most watched for year-end positioning.

Financial advisers recommend using the long weekend productively. Reviewing tax strategies, rebalancing allocations or simply stepping away from screens can benefit long-term decision-making. Many suggest preparing watchlists for Tuesday’s open, when pent-up news flow could drive volatility.

The closure also highlights the balance between commerce and national traditions. While markets generate enormous daily value, they recognize the importance of pausing for reflection on sacrifice and service.

As temperatures rise across much of the country, families gather for parades, beach trips and backyard celebrations. For those in finance, the day offers rare alignment with the general public’s schedule, free from opening bell obligations.

When markets reopen Tuesday, attention will quickly shift to upcoming indicators, including consumer confidence data and any corporate updates. The brief hiatus provides a clean slate amid ongoing debates about interest rates, fiscal policy and economic resilience.

Technology has changed how people experience market holidays. Mobile apps deliver instant notifications when exchanges announce schedules, while online communities share insights on what the closure might mean for specific sectors.

Overall trading volume tends to be lighter in the days surrounding holidays, as some participants extend vacations. This can lead to exaggerated moves on lighter liquidity when significant news emerges.

The NYSE and Nasdaq maintain robust systems for handling holiday transitions, ensuring smooth reopenings. Circuit breakers and other safeguards remain in place for the next session.

For international investors with U.S. exposure, the holiday serves as a reminder of differing global calendars. London, Tokyo and other major centers follow their own observances, creating occasional multi-day gaps in synchronized trading.

As Memorial Day 2026 concludes, the focus returns to economic fundamentals. Inflation trends, employment figures and corporate profitability will shape the narrative in coming weeks, with traders refreshed after the break.

The consistent holiday policy across major exchanges provides stability and predictability in an otherwise fast-moving financial world. Whether the pause brings renewed optimism or continued caution remains to be seen upon Tuesday’s open.

PARIS — Stan Wawrinka’s remarkable Roland Garros career came to a close Monday as the 41-year-old Swiss star fell 6-3, 3-6, 6-3, 6-4 to lucky loser Jesper de Jong in the first round, writing the final chapter in one of the most celebrated Open-era stories at the French Open.

The three-time major champion, who captured the 2015 title in unforgettable fashion by defeating Novak Djokovic in the final, received a heartfelt send-off from the Parisian crowd on Court Simonne-Mathieu. Sun-baked fans packed the intimate venue to honor the Swiss warrior in his 21st appearance at the clay-court Grand Slam.

Wawrinka finishes his Roland Garros journey ranked ninth in all-time main draw wins with 46 victories. His 2015 triumph remains one of the tournament’s iconic runs, showcasing the powerful one-handed backhand and mental resilience that defined his career.

The match itself reflected the passage of time. De Jong, a 24-year-old Dutch player who entered the main draw as a lucky loser, capitalized on his opportunity against the aging former world No. 3. Wawrinka showed flashes of his vintage game, particularly in the second set, but the younger opponent’s consistency and mobility proved decisive across four sets.

Despite the defeat, the atmosphere turned celebratory after the final point. Organizers arranged an on-court tribute, allowing the crowd to express their admiration for a player who brought elegance, grit and memorable moments to the red clay of Paris over two decades.

Wawrinka’s connection with Roland Garros runs deep. Beyond his 2015 championship, he reached the semifinals on multiple occasions and became known for delivering dramatic performances under pressure. His success on clay challenged the notion that his game was suited only to faster surfaces, cementing his status as one of the most complete players of his generation.

The Swiss star’s longevity stands out. At 41, he was attempting to become the oldest man to win a singles match at Roland Garros since 1973. Though that milestone eluded him, his mere presence in the main draw highlighted remarkable durability after multiple knee surgeries and a career filled with physical challenges.

De Jong advances to the second round, where he will face Italian teenager Federico Cina. For the Dutch player, facing Wawrinka on this stage represented both a challenge and an honor, pitting him against a living legend in the latter’s final appearance.

Wawrinka’s career extends far beyond Paris. He claimed three Grand Slam titles — the 2014 Australian Open, 2015 French Open and 2016 U.S. Open — and achieved a career-high ranking of world No. 3. His triumphs came during an era dominated by the “Big Three” of Roger Federer, Rafael Nadal and Djokovic, making his major breakthroughs particularly noteworthy.

Injuries tested his resolve repeatedly. A severe knee injury in 2017 sidelined him for months, yet he returned to competitive tennis with the same fighting spirit that endeared him to fans worldwide. His willingness to battle back from setbacks became as much a part of his legacy as his powerful groundstrokes.

The French Open has always held special significance for Wawrinka. The clay surface amplified his tactical intelligence and shot-making variety. His 2015 run included several five-set epics, none more memorable than the final against Djokovic, where he claimed his first clay-court major title.

Monday’s farewell carried emotional weight across the tennis community. Players past and present recognized Wawrinka’s contributions to the sport. His professionalism, sportsmanship and ability to perform at the highest level while maintaining humility earned widespread respect.

As he departs Roland Garros for the final time, attention turns to his future. While this marked the end of his Paris journey, Wawrinka has not formally announced retirement from all competition. Many expect him to continue selective appearances, particularly at events with personal meaning.

The Swiss player’s impact extends beyond titles and rankings. He inspired a generation of players with his work ethic and mental toughness. His famous quote about needing to be “at my best” to beat the best encapsulated the respect he commanded from top opponents.

Roland Garros organizers and fans have long appreciated Wawrinka’s relationship with the tournament. The intimate Court Simonne-Mathieu, with its greenhouse-like setting and passionate audience, provided a fitting stage for his final bow. The applause that followed the match reflected two decades of shared memories.

Tennis has evolved significantly since Wawrinka’s first appearance in Paris. The sport has grown more athletic and data-driven, yet he adapted while preserving the classical elements of his game — the one-handed backhand, precise footwork and tactical acumen.

His 2015 victory over Djokovic in the final stands as a career pinnacle. Trailing in the match, Wawrinka elevated his level dramatically, producing one of the most dominant displays in a major final during that era. That performance elevated his status from consistent top player to Grand Slam champion.

Broader context includes his contributions to Swiss tennis alongside Roger Federer. The duo’s success in Davis Cup and individual achievements helped elevate the country’s profile in the sport.

As the 2026 French Open continues, Wawrinka’s departure marks the end of an era for fans who followed his journey from promising talent to major champion and eventual elder statesman. Younger players now dominate the draw, but his influence lingers in the stories and lessons passed down.

The sport’s physical demands make longevity rare. Wawrinka’s ability to compete at 41, despite significant injuries, speaks to his dedication and passion. His presence in the locker room and on court served as a reminder of tennis’s rich history even as new stars emerge.

Monday’s result, while a loss on paper, became a celebration of career achievement. The Parisian crowd, known for its appreciation of artistry and perseverance, delivered the kind of ovation reserved for true legends.

Looking ahead, tennis enthusiasts will watch how Wawrinka chooses to spend the next phase of his life. Whether through coaching, mentoring, or occasional competitive appearances, his expertise and experience will remain valuable to the sport.

The 2026 Roland Garros tournament continues without one of its most respected veterans. As new storylines unfold across the clay courts, Wawrinka’s legacy at the French Open remains secure among the greats who have graced Philippe Chatrier and the surrounding venues.

His 46 main draw wins place him among the tournament’s most successful players historically. That record, combined with his 2015 title, ensures his name will appear in Roland Garros record books for generations.

Fans leaving Court Simonne-Mathieu carried memories of a player who gave everything on every point. In an era of superstars, Wawrinka carved his own path with determination and grace.

The tennis world pauses to recognize the conclusion of this chapter. Stan Wawrinka’s Roland Garros story ends not with regret but with gratitude for a career defined by resilience, excellence and unforgettable moments under the Paris sun.

NEW YORK — Fiber internet provider Metronet faced scattered outages Monday, disrupting service for some customers on Memorial Day as reports circulated on social media and outage tracking sites.

The company, known for its high-speed fiber optic services across the Midwest and other regions, drew attention after users reported connectivity issues throughout the day. Monitoring accounts like StatusIsDown highlighted the problem on X, asking affected customers if they were experiencing downtime.

“Metronet is reportedly down for some customers right now. Are you one of them?” the account posted, referencing community discussions on the outage.

As of mid-afternoon on May 25, 2026, Downdetector and similar platforms showed elevated reports of internet disruptions in Metronet service areas, though no massive nationwide outage was confirmed. Customers in states including Indiana, Iowa and others with Metronet infrastructure reported intermittent or complete loss of service, affecting streaming, remote work and holiday communications.

Metronet encourages customers to check their myMetronet portal for service disruption alerts. The provider emphasizes quick resolution when issues arise, directing users to troubleshooting steps such as power cycling equipment if no official alert appears.

This latest incident comes amid a year that has seen occasional Metronet service hiccups. Past outages have been linked to software updates, network maintenance or external factors like construction damage. On Memorial Day, with many families traveling or hosting gatherings, even localized disruptions proved frustrating for those relying on reliable home internet.

Metronet has expanded rapidly in recent years, positioning itself as a strong alternative to traditional cable and DSL providers with symmetrical gigabit speeds and fiber-to-the-home technology. The company serves residential and business customers across multiple states, focusing on underserved and mid-sized markets.

Customers experiencing issues Monday reported problems ranging from complete outages to significantly slowed speeds. Some noted that phone service tied to their fiber connections was also impacted. With banks and many offices closed for the holiday, technical support response times may have been extended.

Outage tracking sites indicated that reports peaked in certain Midwestern cities where Metronet has dense coverage. While not reaching the scale of major past disruptions, the timing on a holiday amplified visibility as people turned to social media to vent frustrations or seek confirmation they were not alone.

Company representatives have not issued a widespread public statement on the Monday issues as of late afternoon. In previous similar events, Metronet has attributed problems to routine maintenance or unexpected technical glitches, promising swift restoration.

For affected users, basic troubleshooting remains the first step. Officials recommend verifying payments are current, restarting routers and modems, and checking for area-specific alerts through the customer portal or app. Persistent problems warrant contacting support at designated hotlines.

The broader context includes increasing reliance on fiber internet for daily life. With remote work, online education and smart home devices, even short outages can disrupt routines. Memorial Day weekend travel meant some households were away, potentially delaying awareness of home service issues.

Metronet’s growth has brought competition to markets long dominated by larger providers. Its customer-focused approach includes strong emphasis on transparency during service events, though critics occasionally point to communication gaps during active outages.

Industry analysts note that fiber networks, while generally more reliable than older copper infrastructure, can still face challenges from software updates, physical damage to cables or high demand surges. Memorial Day’s lighter business traffic may have coincided with scheduled maintenance in some regions.

Social media reactions mixed sympathy with complaints. Users shared screenshots of error messages and speed tests showing dramatic drops from normal multi-gigabit performance. Others expressed appreciation when service returned after brief interruptions.

The incident highlights ongoing challenges in the telecom sector as providers balance expansion with network stability. Metronet and peers invest heavily in infrastructure, yet customer expectations for near-perfect uptime continue rising.

As evening approached on Memorial Day, some reports indicated partial restorations in affected areas. Crews typically work around the clock on such issues, prioritizing high-impact zones first.

For customers still without service, patience and regular checks of official channels are advised. Metronet offers text and email alerts for those enrolled in notification services.

This event serves as a reminder of digital infrastructure’s fragility. In an era where internet access feels essential, outages — even temporary — underscore the importance of backup plans like mobile hotspots for critical needs.

Looking ahead, Metronet is expected to continue its rollout in new markets while maintaining existing networks. Future reliability will depend on proactive maintenance and rapid response capabilities during unforeseen events.

The Memorial Day timing added an element of inconvenience for families using streaming services for entertainment or attempting to coordinate travel plans. Some turned to public Wi-Fi or cellular data as temporary solutions.

Telecom experts recommend that consumers maintain updated contact information with providers and familiarize themselves with self-service tools. Regular equipment updates and surge protectors can also minimize certain disruption risks.

While Monday’s reports appear localized rather than system-wide, they still impacted hundreds or thousands of households based on typical patterns from similar alerts. The company’s focus remains on restoring full functionality as quickly as possible.

As more Americans depend on fiber for work, education and leisure, providers like Metronet face heightened scrutiny during service events. Transparent communication helps maintain customer trust during these periods.

The situation continues developing, with outage trackers updating in real time. Customers are urged to monitor official Metronet channels for the latest information specific to their addresses.

In summary, while not a catastrophic nationwide failure, the Metronet service disruptions on May 25 reminded many of the inconvenience caused when high-speed internet suddenly becomes unavailable — particularly on a holiday meant for relaxation and connection with loved ones.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The housing market remains hot in much of the country, with rising prices creating affordability concerns for would-be buyers – though some markets are seeing sizable amounts of price cuts over the last month.

Data from Realtor.com found that nationally, the share of active listings that carry a price reduction was at 16.7% in April – a figure that is elevated compared with historical trends but is actually lower than a year ago as prices trended toward an equilibrium.

Several markets across the Sun Belt and Mountain West regions have seen price cuts more frequently than the national average, the data showed.

“Put simply, homes are not moving in these markets,” said Realtor.com senior economist Jake Krimmel. “That’s down in part due to ample supply but also anemic demand at current prices and interest rates.”

ONE TYPE OF PROPERTY IS QUIETLY SAVING AMERICANS THOUSANDS OF DOLLARS

Price cuts for listed homes have declined nationally in the last year but remain elevated, including in some major metro areas. (iStock/Getty Images Plus)

Two of the metro areas also led Realtor.com’s report about major markets with price cuts in April 2025, as Phoenix and Tampa had 31.3% and 29.3% of listings with price cuts last year, respectively.

“Why are these metros continually topping this price cut list? It’s likely part unrealistic expectations and part wishful thinking, but price reductions do mean sellers are getting the message loud and clear,” Krimmel said.

Here’s a look at the five housing markets where price reductions were the most prevalent in April.

THESE 8 US HOUSING MARKETS FAVOR BUYERS

Phoenix-Mesa-Chandler, Arizona

Phoenix led the list of metro areas with price cuts. (Mario Tama/Getty Images)

• Share of listings with price cuts: 29.1%
• Change year-over-year: -2.2 percentage points
• Median list price: $499,000

Tampa-St. Petersburg-Clearwater, Florida

The skyline of downtown Tampa, Florida. (Joe Sohm/Visions of America/Universal Images Group via Getty Images)

• Share of listings with price cuts: 25.13%
• Change year-over-year: -4.2 percentage points
• Median list price: $406,500

CALIFORNIA BUILT MORE HOMES THAN PEOPLE OVER SIX YEARS – SO WHY IS HOUSING STILL SO TIGHT?

San Antonio-New Braunfels, Texas

San Antonio, Texas, had the lowest median list price among the metros with the most list price cuts. (Robert Alexander/Getty Images)

• Share of listings with price cuts: 24.95%
• Change year-over-year: -0.7 percentage points
• Median list price: $324,700

Denver-Aurora-Centennial, Colorado

The skyline of Denver, Colorado. (iStock)

• Share of listings with price cuts: 24.35%
• Change year-over-year: -2.8 percentage points
• Median list price: $587,000

Portland-Hillsboro-Vancouver, Oregon and Washington

The Portland, Oregon, metro area – which includes Vancouver, Washington – made the top five list. (iStock)

• Share of listings with price cuts: 24.04%
• Change year-over-year: 0.7 percentage points
• Median list price: $579,750

GET FOX BUSINESS ON THE GO BY CLICKING HERE

SYDNEY — Thousands of illuminated drones lit up the night sky over Darling Harbour on Sunday evening, marking a spectacular return of the drone show to the Vivid Sydney festival after a two-year hiatus caused by crowd safety concerns.

The show, titled Star-Bound, features more than 1,000 drones performing a 10-minute choreographed display of lights, patterns and original music, creating a cosmic journey through galaxies, stars and themes of life, creation, hope and renewal. It is produced by Sky Magic with an original score by Australian composer Antony Partos.

The performance runs every Sunday to Wednesday at 7:30 p.m. and 9:30 p.m. above Cockle Bay in Darling Harbour through June 10, 2026, offering 22 sessions across 11 nights. Each show is identical, giving visitors flexibility in scheduling. The only exception is Sunday, June 7.

Vivid Sydney organizers brought back the drone element for the 2026 edition after axing it in 2024 over fears of a crowd crush in the popular precinct. Safety measures have been enhanced this year, with the new location at Cockle Bay providing better crowd flow and additional viewing options, including accessible areas and live broadcast screens around the precinct.

The opening night on May 24 faced a minor setback when the first 7:30 p.m. show was canceled due to rainy weather causing a technical malfunction. Organizers proceeded with the 9:30 p.m. performance, which drew positive reactions from those who waited. Attendees described the integration of pyrotechnics with the drone display as particularly impressive.

The return has been welcomed by locals and tourists alike. Vivid Sydney, running from May 22 to June 13, transforms Sydney’s central business district with light installations, music, ideas forums and food experiences along a 6.5-kilometer light walk. The drone show adds a high-tech highlight that draws large evening crowds to the harbor.

Star-Bound represents the largest drone program in the festival’s history. The drones form mesmerizing shapes inspired by nature, the cosmos and Sydney landmarks, synchronized to an epic soundtrack. Sponsored by IREN, the show aims to inspire awe across all age groups.

Crowd management remains a priority. Officials recommend arriving early and planning visits carefully, as drone show nights attract some of the largest gatherings. Alternative viewing spots and broadcast screens help distribute visitors and reduce congestion in prime areas.

The technology behind the show involves precise coordination. Each drone is equipped with LED lights and follows computer-controlled flight paths to create complex formations. Safety protocols include geofencing, weather monitoring and backup systems to ensure reliable performances.

Vivid Sydney has evolved significantly since its inception in 2009. What began as a small light festival has grown into one of Australia’s premier winter events, attracting millions of visitors and generating substantial economic impact through tourism and local business activity.

The drone show’s return aligns with global trends in large-scale drone entertainment. Cities worldwide use similar displays for festivals, celebrations and advertising. Sydney’s version stands out for its narrative depth and integration with the harbor setting.

Visitors can enhance their experience through various options, including premium cruises that offer prime viewing positions on the water. Captain Cook Cruises and others provide glass boats with commentary and refreshments during the performances.

For those on land, Darling Harbour provides multiple vantage points. Organizers suggest areas around Cockle Bay Wharf for optimal views while encouraging respect for crowd flow and safety barriers.

The 2026 festival comes at an exciting time for Sydney. With improved infrastructure and a focus on sustainable events, Vivid continues to innovate while addressing past challenges like crowd density and environmental impact.

Feedback from early shows has been largely positive, with many praising the emotional storytelling and technical precision. Social media has been filled with videos and photos capturing the dazzling formations against the city skyline.

As the festival progresses, additional drone performances are expected to draw consistent crowds through mid-June. Weather remains a variable factor, with organizers prepared to adjust or cancel shows if conditions pose risks to safety or technology.

Beyond the drone spectacle, Vivid Sydney offers hundreds of free and ticketed events. Light projections on iconic buildings, interactive installations, live music and thought-provoking talks create a multifaceted celebration of creativity and innovation.

Tourism officials highlight the event’s role in boosting the local economy during the traditionally quieter winter months. Hotels, restaurants and transport services see increased demand as visitors from across Australia and overseas flock to the city.

The Star-Bound production reflects advances in drone technology. Improved battery life, better synchronization software and enhanced safety features allow for more ambitious displays than in previous years.

For families, the show provides an accessible wonder. Its themes of hope and renewal resonate particularly during challenging times, offering a moment of shared amazement.

As Sydney embraces cooler evenings, the warm glow of thousands of drones against the night sky creates lasting memories for attendees. The combination of technology, art and natural harbor beauty makes for a uniquely Australian experience.

Looking ahead, organizers may expand drone elements in future festivals based on this year’s success. The careful balance of spectacle and safety will guide decisions as technology continues evolving.

For now, Star-Bound stands as a highlight of Vivid Sydney 2026, drawing people together under the illuminated sky in celebration of creativity and community. Whether viewed from the shore or water, the performance delivers a modern marvel in one of the world’s most beautiful harbors.

The festival continues through June 13, giving plenty of opportunities to experience this and other installations. With its return after two years, the drone show has reclaimed its place as one of Vivid’s most anticipated attractions.