Is the Stock Market Closed on Juneteenth?
For the federal Juneteenth holiday on Monday, U.S. stock exchanges are closed, as are U.S. bond and commodities markets, most banks and post offices. Photo: Kena Betancur/Getty Images By Hardika Singh Updated June 16, 2023 2:03 pm ET U.S. stock markets will be closed Monday to observe Juneteenth. The New York Stock Exchange and Nasdaq will be shut in observation of the newest federal holiday, adding it to the list of market holidays that also includes Thanksgiving Day and Christmas Day. Juneteenth—also known as Emancipation Day, Black Independence Day and Jubilee Day—commemorates the end of slavery in the U.S. Here’s what to know about which markets are closed. Is the U.S. stock market open for Juneteenth? The stock market will be closed Monday, June 19, to observe the holi
For the federal Juneteenth holiday on Monday, U.S. stock exchanges are closed, as are U.S. bond and commodities markets, most banks and post offices.
Photo: Kena Betancur/Getty Images
U.S. stock markets will be closed Monday to observe Juneteenth.
The New York Stock Exchange and Nasdaq will be shut in observation of the newest federal holiday, adding it to the list of market holidays that also includes Thanksgiving Day and Christmas Day.
Juneteenth—also known as Emancipation Day, Black Independence Day and Jubilee Day—commemorates the end of slavery in the U.S. Here’s what to know about which markets are closed.
Is the U.S. stock market open for Juneteenth?
The stock market will be closed Monday, June 19, to observe the holiday.
U.S. stock exchanges decide on stock-market holiday schedules in coordination with regulators. The New York Stock Exchange and other stock exchanges in the U.S. will be closed, including Nasdaq and .
The NYSE said in 2021 that it would adopt Juneteenth as a holiday, after reaching out to market participants to seek consensus on the holiday. Markets were closed for it last year for the first time.
Are bond and commodities markets closed for Juneteenth?
The U.S. bond market will be closed, pausing the trading of government bonds, mortgage- and asset-backed securities, corporate bonds, municipal bonds and some other assets. CME Group’s markets for U.S. commodities such as wheat, corn, oil and copper will also be closed.
Will banks and post offices be closed for Juneteenth?
Federal Reserve Banks and most major Wall Street banks will be closed for the holiday. Nonmember banks may also be closed. The Postal Service will close many operations, including post offices.
A Juneteenth celebration in Los Angeles in 2021.
Photo: patrick t. fallon/Agence France-Presse/Getty Images
What is the meaning of Juneteenth?
Juneteenth marks the date of June 19, 1865—roughly two months after the end of the Civil War, and about 2½ years after President Abraham Lincoln issued the Emancipation Proclamation freeing enslaved people in the Confederacy—when Maj. Gen. Gordon Granger
The 13th Amendment enshrining a ban on slavery into the Constitution was ratified in December 1865, although enslavement continued in some pockets of the country for several years.
When did Juneteenth become a federal holiday?
President Biden signed Juneteenth into law on June 17, 2021, giving it the same status as Memorial Day, Veterans Day and other federal holidays.
The holiday received national attention after renewed global protests for racial equity were sparked in 2020. Congressional leaders from both parties said establishing the holiday was an important gesture in recognizing those who suffered under American slavery and as an act of racial reconciliation.
It was the first new federal holiday since Martin Luther King Jr. Day was created in 1983.
What other holidays does the stock market close for?
The stock market closes for holidays including Martin Luther King Jr. Day, Independence Day, Labor Day and Thanksgiving Day, and on some other days ends trading early. It remains open for some federal holidays, including Columbus Day and Veterans Day.
This article may be updated.
Write to Hardika Singh at [email protected]
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