Is The Stock Market Open On Juneteenth?

Juneteenth National Independence Day falls on Monday, June 19, 2023. The U.S. bond market, and both the NASDAQ and New York Stock Exchange (NYSE) are closed in observance.

Trading will end at 4 PM Eastern on Friday, June 16, and will open at 9:30 AM Eastern on Tuesday, June 20.

Juneteenth became a federal and public U.S. holiday in 2021, when it was officially recognized by President Joe Biden. It’s one of the eleven federal holidays during which non-essential federal government offices, including federal banks and post offices, are closed.

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Looking ahead, the markets are closed on the following holidays in 2023:

• Independence Day — Tuesday, July 4
• Labor Day — Monday, September 4
• Thanksgiving Day — Thursday, November 23
• Christmas Day — Monday, December 25

Why is Juneteenth celebrated? Juneteenth traces its origins to Galveston, Texas.

Despite President Abraham Lincoln’s Emancipation Proclamation in 1863, which declared slaves free, the news didn’t reach many areas in the South until the end of the Civil War in 1865. Union Maj. Gen. Gordon Granger and his troops arrived in Galveston on June 19, 1865, with the news of the war’s end and the freedom of the enslaved.

General Order No. 3 was delivered by Granger, which said, “The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are free.”

Six months later, the 13th Amendment was ratified by Georgia, permanently abolishing slavery.

The following year, the newly free people of Galveston started celebrating Juneteenth, an observance that has since spread worldwide.

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