On June 19, 2024, the United States will observe Juneteenth, a federal holiday commemorating the end of slavery. As a result, several institutions, including the stock market, will be closed. Here’s a comprehensive guide to what will be open and closed on this significant day.
Key Takeaways
- The New York Stock Exchange and Nasdaq will be closed on June 19, 2024.
- Most banks and the U.S. Postal Service will also be closed.
- Many restaurants, grocery stores, and retail outlets will remain open.
Stock Market Closures
The New York Stock Exchange and Nasdaq will be closed on Wednesday, June 19, 2024, in observance of Juneteenth. Trading will resume on Thursday, June 20. The U.S. bond market will also be closed on this day, as confirmed by the Securities Industry and Financial Markets Association.
Bank and Postal Service Closures
Most banks, including major institutions like Bank of America, Capital One, JPMorgan Chase, and Citibank, will be closed on Juneteenth. However, online banking services and ATMs will remain operational.
The U.S. Postal Service will not deliver mail, and post offices will be closed. Private courier services like UPS and FedEx will operate as usual.
Retail and Grocery Stores
Most retail stores and grocery chains, including Walmart, Target, and Walgreens, will be open. Restaurants, including fast-food chains like McDonald’s, Chick-fil-A, and Starbucks, will also be open. However, it’s always a good idea to call ahead to confirm hours of operation.
Government Services
Federal, state, and city government offices will be closed. This includes the Department of Motor Vehicles (DMV) and other administrative offices. In Seattle, for example, many parks and recreation facilities will be closed, although parks and some outdoor facilities will remain open.
Historical Significance of Juneteenth
Juneteenth, also known as America’s Second Independence Day, marks the day in 1865 when Union soldiers arrived in Galveston, Texas, to announce the end of slavery, two and a half years after the Emancipation Proclamation was signed. The holiday became federally recognized in 2021, providing millions of Americans with a paid day off to commemorate this pivotal moment in history.
Upcoming Market Closures
After Juneteenth, the next scheduled stock market closure is on Thursday, July 4, 2024, in observance of Independence Day. The market will also close early at 1 p.m. ET on July 3.
Summary
Juneteenth is a day of historical significance and reflection. While the stock market, banks, and postal services will be closed, many retail stores and restaurants will remain open. Understanding these closures can help you plan your day better and also take a moment to reflect on the importance of this holiday.
Sources
- Is the stock market open or closed Juneteenth? 2024 holiday schedule, USA Today.
- Is the stock market closed on Juneteenth? Will the post office be open? – MarketWatch, MarketWatch.
- Juneteenth 2024: Which stores are open? Or banks, post offices? – Fast Company, Fast Company.
- Are banks, post offices and the stock market open on Juneteenth 2024? | The Seattle Times, The Seattle Times.
- Is the stock market open on Juneteenth 2024?, NJ.com.