Is the Stock Market Closed on Juneteenth 2024? Why Do The U.S. Stock Markets Close on Certain Holidays?

What is Juneteenth?

Juneteenth, officially known as Juneteenth National Independence Day, is a federal holiday in the United States celebrated on June 19. It marks the day in 1865 when federal troops arrived in Galveston, Texas, to ensure that all enslaved people were freed, which was two and a half years after the Emancipation Proclamation was signed.

It’s a day to remember the end of slavery and celebrate African American freedom and achievements.

Is the Stock Market Closed on Juneteenth 2024?

Yes, the stock market is closed on Juneteenth 2024. Juneteenth, celebrated on June 19th each year, commemorates the end of slavery in the United States. Both the Nasdaq and the New York Stock Exchange will be closed on this day, along with the U.S. bond market.

This closure is in observance of the federal holiday, which provides many Americans with a paid day off to reflect on the historical significance of Juneteenth. While most businesses, like restaurants and retail stores, remain open, banks and the United States Postal Service will also be closed.

The stock market will reopen on Thursday, June 20th, resuming normal business operations after the holiday.

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What are The Holidays When The United States Stock Market Will Be Closed In 2024?

The markets will not be open on the upcoming holidays:

Note:

• Markets close early at 1 p.m. ET on July 3, 2024, and July 3, 2026.
• ** Markets close early at 1 p.m. ET on November 29, 2024, and November 28, 2025.
• *** Markets close early at 1 p.m. ET on December 24, 2024, December 24, 2025, and December 24, 2026.

Why Do The U.S. Stock Markets Close on Certain Holidays?

The U.S. stock markets close on certain holidays to align with federal holidays and allow participants, including traders, investors, and employees, to take time off to observe and enjoy these special days.

It's a way to recognize and respect important national events like Memorial Day, Independence Day, and Thanksgiving. Closing on these days also helps maintain consistency and fairness in trading schedules, ensuring that everyone has equal opportunities to participate in the market under normal operating conditions.

Additionally, closing on these holidays helps reduce volatility and ensures that market activities resume smoothly the following business day.

What are The Trading Hours For The Stock Market?

The stock market trading hours are from Monday to Friday, starting at 9:30 a.m. Eastern Time (ET) and closing at 4:00 p.m. ET. During these hours, investors can buy and sell stocks on major U.S. exchanges like the New York Stock Exchange (NYSE) and Nasdaq.

The market does not operate on weekends (Saturday and Sunday). It's important to note these times to plan when to make trades or check on investments.