US Stock Market Holiday: Is Wall Street Closed Today For Labor Day 2026? Check Dow, Nasdaq, S&P 500 Performance

Trading on the US stock market will be shut today on September 7th on account of the Labor Day holiday, which is observed on the first Monday of September every year. Trading on the NYSE and Nasdaq will resume on Tuesday, September 8.

History & Significance Of Labour Day

Labor Day first began in the late 19th century during the American labour movement when industrial workers commonly worked 12-hour shifts, seven days a week, in unsafe conditions.

So trade unions started organising a day to honour the contribution of these workers.

The first Labor Day parade was held in New York City on September 5, 1882, by the Central Labor Union.

Oregon was the first US state to make it an official holiday in 1887 and it became a federal holiday in 1894 which was officially announced by President Grover Cleveland. Since then, Labor Day is celebrated as the unofficial end of summer in the US.

Wall Street Performance Last Trading Week Before The Break

US equities had a volatile week ending before on Friday, September 4, with all three benchmark indices swinging between gains and losses before ending flat.

The week started with losses on Monday, with the S&P 500 down 0.71% at 7,631.47, the Nasdaq Composite down 1.03% at 26,099.77, and the Dow Jones Industrial Average down 419.02 points, or 0.79%, at 52,766.88,

Sentiment improved on Tuesday & Wednesday which turned out to be the best single day for the Dow since August, with the S&P 500 jumping 1.06% to 7,747.71, the Nasdaq gaining 1.4% to 26,584.06, and the Dow surging 624.16 points, or 1.18%, to 53,686.11
On Friday, a stronger-than-expected August non-farm payrolls report was released according to which the US economy added 162,000 jobs. This raised the expectations of a Fed rate hike at its September 15-16 meeting.

At the end of trading on Friday, the Dow fell 271.86 points, or 0.51%, to close at 53,414.25, the S&P 500 slipped 0.38% to 7,718.60, and the Nasdaq eased 0.29% to 26,506.99. Tesla was the biggest loser, tumbling more than 6% after its Cybercab launch event.