As the third Monday of February approaches in 2026, financial markets and government offices across the United States will observe a scheduled closure. This day, falling specifically on February 16, is recognized as a federal holiday, leading to the suspension of trading on major exchanges including the New York Stock Exchange.
Originally established in 1885 to commemorate the birth of the nation’s first president, the holiday was formally designated as Washington’s Birthday. The historical observance underwent a significant transformation following the enactment of the Uniform Monday Holiday Act in 1971, which shifted its celebration to a fixed Monday. This legislative change also catalyzed a gradual evolution in its common name, with “Presidents’ Day” gaining widespread public usage as a day honoring the legacy of all U.S. presidents. Nevertheless, the federal government’s official designation remains Washington’s Birthday.
Operational Status of Services and Institutions
The observance on February 16, 2026, will impact the regular operations of numerous public and private sector entities. Federal and state government offices will be closed, alongside the nation’s financial markets. This includes not only the New York Stock Exchange but also the Nasdaq and bond markets, bringing a temporary halt to trading activities.
For the general public, the holiday also affects postal services, with the United States Postal Service suspending mail delivery. Most public schools and many libraries will be closed for the day. While the majority of banks will follow the federal holiday schedule, retail operations present a varied picture; many major stores remain open, often featuring promotional sales tied to the holiday period.
Public transportation systems typically run on modified, often reduced, holiday schedules, prompting commuters to verify specific timetables in advance. Essential services and emergency responders, however, continue their operations without interruption.