Group 1 - U.S. stock markets, including Nasdaq and New York Stock Exchange, will be closed on New Year's Day, January 1 [2] - Bond markets will also be closed on New Year's Day and will resume operations on January 2 [2] - Major shipping carriers like UPS and FedEx will suspend standard pickup and delivery services on New Year's Day [2] Group 2 - Retailers such as Walmart, Target, Macy's, and Kohl's will remain open on New Year's Day, with 7-Eleven stores also operating under adjusted hours [4] - Select pharmacies like CVS and Walgreens will operate on New Year's Day [4] - Banks and post offices will reopen for regular service on January 2, with markets resuming regular trading hours [4]