United States stock markets, including the Nasdaq and New York Stock Exchange, will be closed on Wednesday, June 19, in observance of Juneteenth. This holiday marks the end of slavery in the U.S. and has been recognized federally since 2021. Markets will reopen on Thursday, June 20.
Key Takeaways:
Stock Market Closure for Juneteenth:Â The Nasdaq and New York Stock Exchange will be closed on Wednesday, June 19, in observance of Juneteenth.
Impact on Other Services:Â The U.S. bond market, banks, and the United States Postal Service will also be closed, while most retail and grocery stores will remain open.
Next Stock Market Holiday:Â The next scheduled market closure will be on Thursday, July 4, for Independence Day.
Impact on Financial and Public Services
In addition to the stock markets, the U.S. bond market will also be closed on June 19. Banks and the United States Postal Service will observe the holiday and remain closed. However, most restaurants, grocery stores, and retail outlets will operate as usual.
Significance of Juneteenth
Juneteenth, often referred to as America’s Second Independence Day, commemorates the day in 1865 when Maj. Gen. Gordon Granger arrived in Galveston Bay, Texas, with Union troops to announce the freedom of over 250,000 enslaved Black people. This announcement came two and a half years after the Emancipation Proclamation was signed by President Abraham Lincoln.
Upcoming U.S. Stock Market Holidays in 2024
After Juneteenth, the next scheduled stock market closure will be on Thursday, July 4, for Independence Day. Here is the full list of upcoming U.S. stock market holidays for 2024:
Juneteenth:Â Wednesday, June 19
Independence Day:Â Thursday, July 4 (markets also close at 1 p.m. ET on July 3)
Labor Day:Â Monday, September 2
Thanksgiving:Â Thursday, November 28 (markets also close at 1 p.m. ET on November 29)
Christmas:Â Wednesday, December 25 (markets also close at 1 p.m. ET on December 24)
Conclusion
Juneteenth, recognized as a federal holiday since 2021, leads to the closure of financial markets and several public services. This observance marks an important historical event, reflecting on the end of slavery in the United States. Following Juneteenth, the markets will resume regular operations until the next holiday, Independence Day on July 4.
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