Is The Stock Market Open On Juneteenth?

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In 2021, Juneteenth was formally declared a federal holiday in the United States to honor the abolition of slavery in the country. Many Americans are starting to ask significant questions regarding how this holiday impacts day-to-day life and business, such as "Is the stock market open on Juneteenth?" as it becomes more widely known and institutionally recognized.

June 19, also known as Juneteenth, commemorates the day 170 years ago when the last Black individuals in slavery in the United States were officially declared free. Since Juneteenth is a federal holiday, if not a state holiday in Florida, stock markets and banks will be closed.

What Is A Juneteenth?

Is The Stock Market Open On Juneteenth?

Juneteenth is celebrated on June 19th every year to commemorate the day in 1865, more than two years after President Lincoln's Emancipation Proclamation, when Union forces arrived in Galveston, Texas, and told the final African Americans who were slaves of their freedom. Although African American groups have historically observed the occasion, it was only recently made a national holiday.

Is the Stock Market Open on Juneteenth?

Stock Market Open on Juneteenth

No, the U.S. stock market is closed on Juneteenth National Independence Day. Both the New York Stock Exchange (NYSE) and the NASDAQ observe Juneteenth as an official holiday and do not conduct trading on June 19 when it falls on a weekday. If June 19 lands on a weekend, markets may remain open on the Friday before or Monday after, depending on the calendar.

Related ArticleWhat Is Another Name Used To Refer To Juneteenth?

This change was first implemented in 2022, following President Biden's signing of the Juneteenth National Independence Day Act in June 2021. The U.S. bond markets, operated by SIFMA (Securities Industry and Financial Markets Association), also observe the holiday, usually closing for a full or partial day.

Why It Matters for Investors?

For active traders and long-term investors alike, knowing when the markets are closed is vital for planning and risk management. Markets shutting down for Juneteenth may influence:

Always check the NYSE and NASDAQ holiday schedules to stay informed about upcoming closures.

Are Florida Banks Closed On Juneteenth?

Yes. On the eleven federal holidays that the Fed observes, banks are closed. It is advisable to plan ahead as certain banking services might not be accessible. It can take until the following business day for automatic bill payment systems to process and for checks deposited on June 19 to become available.

Will ATMs Be Open On Juneteenth?

Yes, and just as you always do, you will be enabled to check accounts, deposit cash (if applicable), and withdraw funds. However, deposits could not be applied to your account till the next day.

Are the stock markets closed on Juneteenth Day?

stock markets closed on Juneteenth Day

They're American. On Thursday, June 19, the New York Stock Exchange and the Nasdaq will be closed. On Friday, June 20, they will reopen for regular trading hours. On Wednesday, June 18, the late trading sessions for NYSE American Equities, NYSE Arca Equities, NYSE the city of Chicago, and NYSE National will end at their regular times.

Read AlsoWhat Is The Story Behind Juneteenth And How Did It Become A Federal Holiday?

Pursuant to the Securities Industries and Financial Markets Association, the U.S. bond market will close Wednesday, June 18, at its regular time and be closed until Friday. London's and EuroNext Paris' stock marketplaces. The markets in Shanghai, Tokyo, and Hong Kong will be open for regular business.

The Stock Market Open On Juneteenth

Final Thoughts

Juneteenth is more than just a day off it's a moment of historical reflection and national significance. As financial institutions and major markets increasingly align with federal observances, the closure of the stock market on Juneteenth represents a broader commitment to honoring American history. Whether you’re an experienced trader or a new investor, mark your calendars: No trading happens on Juneteenth.

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Answered 6 months ago Wellington Importadora