The U.S. stock markets, including the Nasdaq and New York Stock Exchange, will be closed on Wednesday, June 19, 2024, in observance of Juneteenth. This federal holiday, which commemorates the end of slavery in the United States, will also see the closure of the U.S. bond market, banks, and the United States Postal Service.
Key Takeaways
- U.S. stock markets will be closed on June 19, 2024, for Juneteenth.
- The Nasdaq, New York Stock Exchange, and U.S. bond market will all be closed.
- Banks and the United States Postal Service will also be closed.
- Most restaurants, grocery stores, and retail stores will remain open.
- Juneteenth has been a federally-recognized holiday since 2021.
Juneteenth: A Day of Remembrance
Juneteenth, often referred to as America’s Second Independence Day, marks the day in 1865 when Maj. Gen. Gordon Granger arrived in Galveston Bay, Texas, with 2,000 Union troops to announce that more than 250,000 enslaved Black people in the state were free. This announcement came two and a half years after President Abraham Lincoln signed the Emancipation Proclamation on January 1, 1863.
Impact on Financial Markets
The closure of the stock markets on Juneteenth means that trading will be paused for the day. The markets will reopen on Thursday, June 20, 2024. U.S. stock futures, however, will continue to trade normally on Juneteenth.
Upcoming Market Closures
After Juneteenth, the next scheduled stock market closure is on Thursday, July 4, 2024, in observance of Independence Day. Here is a list of the remaining stock market holidays for 2024:
- Independence Day: Thursday, July 4 (markets also close at 1 p.m. ET on July 3)
- Labor Day: Monday, September 2
- Thanksgiving: Thursday, November 28 (markets also close at 1 p.m. ET on November 29)
- Christmas: Wednesday, December 25 (markets also close at 1 p.m. ET on December 24)
Regular Market Hours
The regular trading hours for the New York Stock Exchange and the Nasdaq are from 9:30 a.m. to 4 p.m. ET, Monday through Friday. The markets are closed over the weekends.
Conclusion
Juneteenth is a significant day of remembrance and celebration in the United States. While the stock markets and some other services will be closed, most everyday activities will continue as usual. Investors should plan accordingly for the market closure and the subsequent reopening on June 20, 2024.
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.
- Is The Stock Market Closed On Juneteenth? Wall Street Holidays 2024 | Investor’s Business Daily, Investor’s Business Daily.