What's open on Labor Day? Most retailers. Closed? Government, banks and the stock market.
Shipping traffic in the Strait of Hormuz dropped to seven vessels on September 10, well below the ten-year average of 15. This decline follows warnings from Iran regarding escalation, pushing Brent crude oil prices toward $101 and WTI to $96. In consumer tech, Apple launched the iPhone Duo foldable featuring a 7.6-inch interior display with a starting price of $1,999. Meanwhile, US government offices and businesses remain open today, September 11, as Patriot Day is not a federal holiday.
What changed
Iran's escalation warnings have lowered Hormuz ship transits and raised oil prices while Apple announced the iPhone Duo foldable.
Live updates
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Iran Tensions Disrupt Hormuz Traffic as Apple Unveils Foldable iPhone
Shipping traffic in the Strait of Hormuz dropped to seven vessels on September 10, well below the ten-year average of 15. This decline follows warnings from Iran regarding escalation, pushing Brent crude oil prices toward $101 and WTI to $96. In consumer tech, Apple launched the iPhone Duo foldable featuring a 7.6-inch interior display with a starting price of $1,999. Meanwhile, US government offices and businesses remain open today, September 11, as Patriot Day is not a federal holiday.
Why it matters
Instability in the Strait of Hormuz threatens global energy supplies ahead of US midterms. Apple's move into foldables marks a shift in its hardware strategy. The current operational status of US offices follows recent Labor Day closures on September 7.
What is confirmed
- Brent crude oil is trading near $101 and WTI is at $96.
- Apple's new iPhone Duo foldable has a 7.6-inch interior display and starts at $1,999.
- Patriot Day on September 11, 2026, is not a federal holiday in the US.
Still unconfirmed
- The BeGreat event took place in Venice to reflect on human value in the era of artificial intelligence.
What to watch next
- October preorders for the iPhone Duo
- ECB rate announcement
- Germany CPI data
confidence 90%Sources used for this update (6)
- www.marketscreener.com — EMEA Morning Briefing : Iran Shows New Appetite for Escalation
- www.briefs.co — Brent hovers near $101 as Iran warns of escalation, keeping energy on edge
- www.briefs.co — Apple's First Foldable iPhone Duo Arrives, Plus New Pros, AirPods 5 and Watches
- jen.jiji.com — Venice Film Festival, BeGreat returns with the roadshow 'The future is human. Every great story starts before success'
- jen.jiji.com — Iran, maritime traffic collapses in Hormuz, only 7 ships transited the Strait yesterday
- www.ibtimes.sg — Patriot Day 2026: Is September 11 a Federal Holiday in US? What Is Open and Closed Today?
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Nike Drops From S&P 100
Nike will exit the S&P 100 after 18 years following a stock price decline of 78.5% from its 2021 peak. The drop stems from a slump in China and direct-to-consumer strategy missteps. Meanwhile, Labor Day closures affected government offices, banks, the stock market, and mail services on September 7, 2026. Most major retailers remained open for the holiday, offering promotional sales while specific chains like Costco stayed shut.
Why it matters
Market indices periodically adjust their holdings to reflect shifts in corporate performance and equity values. The removal of a long-standing cultural icon from the S&P 100 highlights the severity of recent retail and operational challenges in key overseas markets. Concurrently, standard federal holiday closures interrupted banking and government operations across the United States.
What is confirmed
- Nike will be dropped from the S&P 100 after 18 years as its stock sinks 78.5% from a 2021 peak.
- Nike's stock decline follows a China slump and direct-to-consumer missteps.
- Government offices, banks, the stock market, and mail services were closed for Labor Day on September 7, 2026.
- Most retailers and big consumer-facing businesses remained open for Labor Day, with Walmart and Target operational and Costco shut down.
What to watch next
- Further adjustments to major stock market indices
- Performance updates on Nike's direct-to-consumer and China operations
confidence 100%Sources used for this update (5)
- finance.yahoo.com — InfoComm India 2026 Opens in One Week: Global Product Debuts, Live AI on the Show Floor and an iPhone 17 to Be Won
- ca.finance.yahoo.com — Autodesk, Inc. ADSK Stock Forecast & Price Target
- en.sedaily.com — Nike's Fall: From Cultural Icon to S&P 100 Exit
- jen.jiji.com — Early breast cancer: over 30,000 genomic tests prescribed in Italy in 5 years
- jen.jiji.com — Family, Pampers Observatory: 63% of fathers fear not doing enough for their children
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Retailers Remain Open While Government and Financial Institutions Close for Labor Day
Most retailers and big consumer-facing businesses are open for Labor Day on September 7, 2026, with many offering promotional sales. However, government offices, banks, the stock market, and mail services are closed. Major retailers like Walmart and Target are operational, though some specific chains such as Costco are reported as shut down. Residents in cities like Columbus and Pasadena, as well as the state of Minnesota, face varying local service changes and business hours typical of the federal holiday.
Why it matters
Labor Day is a federal holiday observed on the first Monday of September. Because it is a government-recognized holiday, it triggers automatic closures of public services and financial markets.
What is confirmed
- Government offices, banks, and the stock market are closed for Labor Day.
- Most retailers and large consumer-facing businesses remain open.
- Walmart and Target are open for the holiday.
Still unconfirmed
- Costco is shut down for Labor Day.
- Mail services are shut down for Labor Day.
What to watch next
- Specific holiday operating hours for regional supermarkets
- Detailed lists of the 79 stores reported as open
confidence 90%Sources used for this update (16)
- Mashable — What stores are open on Labor Day 2026? Holiday closings, hours
- AP News — What's open on Labor Day? Most retailers. Closed? Government, banks and the stock market.
- Bring Me The News — What’s open and what’s closed in Minnesota on Labor Day 2026
- TODAY.com — Walmart and Target Labor Day Hours 2026: See When Stores Are Open
- USA Today — What's open and closed on Labor Day? Here's what to know
- Scripps News — What to expect on Labor Day: Closures, travel and store hours
- TODAY.com — 79 Stores Open on Labor Day 2026, Plus Holiday Hours
- WXLV — What’s open and closed on Labor Day: Costco, banks and mail services shut down
- USA Today — Are banks, post offices and shipping services open on Labor Day?
- NBC 5 Chicago — Dozens of major retailers will be open on Labor Day. Full list
- WFRV Local 5 — Which stores, restaurants are open for Labor Day 2026?
- mashable.com — Which stores are open on Labor Day 2026? See the list of what's open today.