Is the Stock Market Closed on Juneteenth?

Juneteenth—also referred to as Emancipation Day, Black Independence Day and Jubilee Day—commemorates the finish of slavery in the U.S. Here’s what to find out about which markets are closed for Juneteenth. 

Is the U.S. inventory market open for Juneteenth?

The inventory market will probably be closed on Monday to look at the vacation, which this 12 months falls on a Sunday.

U.S. inventory exchanges resolve on stock-market vacation schedules in coordination with regulators. The New York Stock Exchange, owned by

Intercontinental Exchange Inc.

ICE -4.77%

, and different inventory exchanges in the U.S. will probably be closed, together with Nasdaq and

Cboe Global Markets Inc.

CBOE 0.26%

The NYSE had indicated in 2021 that it would this year adopt Juneteenth as a holiday, after reaching out to market individuals to hunt consensus on the vacation.

Are bond and commodities markets closed for Juneteenth?

The U.S. bond market will shut, pausing the buying and selling of presidency bonds, mortgage- and asset-backed securities, company bonds, municipal bonds and another belongings for Juneteenth.

CME Group Inc.’s

CME -1.35%

markets for U.S. commodities corresponding to wheat, corn, oil and copper can even be shut. 

Will banks and submit workplaces be closed for Juneteenth?

Federal Reserve Banks and most main Wall Street banks will probably be closed for the vacation. Non-member banks may also shut. The U.S. Postal Service will shut down many operations, together with submit workplaces.

What is the that means of Juneteenth?

Juneteenth marks the date of June 19, 1865—roughly two months after the finish of the Civil War, and about 2½ years after President

Abraham Lincoln

issued the Emancipation Proclamation releasing enslaved folks in the Confederacy—when Maj. Gen.

Gordon Granger

arrived with federal troops in Galveston, Texas, and issued an order informing the final enslaved folks in Texas that they had been free.

The thirteenth Amendment enshrining a ban on slavery into the Constitution was ratified in December 1865, though enslavement continued in some pockets of the nation for a number of years. 

When did Juneteenth turn into a federal vacation?

President Biden signed Juneteenth into law on June 17, 2021, giving it the identical standing as Memorial Day, Veterans Day and different federal holidays. 

The vacation acquired nationwide consideration after renewed international protests for racial fairness had been sparked in 2020. Congressional leaders from each events mentioned establishing the vacation was an necessary gesture in recognizing those that suffered underneath American slavery and as an act of racial reconciliation.

It was the first new federal vacation since Martin Luther King Jr. Day was created in 1983. 

This article could also be up to date.

Write to Hardika Singh at hardika.singh@wsj.com