US Stock market open or closed on the Fourth of July?

The Fourth of July, also referred to as US Independence Day, is a national holiday in the United States that honors the signing of the Declaration of Independence. The United States gained independence from Great Britain on July 2, but the final wording of the declaration was approved on July 4, the date when USA celebrates the Independence Day.

The US stock market and bond markets will be closed on Thursday, July 4, in commemoration of the Fourth of July holiday. The US financial markets closed early on Wednesday, July 3, in observance of the American Independence Day holiday. The Nasdaq and New York Stock Exchanges closed at 1 p.m. ET on Wednesday and will be closed again on Thursday due to the federal holiday. The US bond market likewise closed at 2 p.m. Eastern on Wednesday and will remain closed on Thursday.

The S&P 500 and Nasdaq indices set fresh all-time highs on Wednesday, despite a shorter trading session due to the United States’ Independence Day vacation on July 4, 2024. The S&P 500 rose to 5,547 points, while the Nasdaq stormed to 20,220 points, marking new records in financial history. In contrast, the Dow Jones Industrial Average fell to 39,300 points. These changes were impacted by the announcement of poor economic statistics, which fueled speculation about the Federal Reserve’s potential interest rate decreases.

Regular trading timings on Nasdaq Stock Market and the New York Stock Exchange (NYSE) are from 9:30 a.m. to 4:00 p.m. Eastern time, Monday through Friday. Trading will resume as normal for all markets on July 5.

Although the United States has observed Independence Day as an official holiday since 1870, the celebration of the day has roots in the eighteenth century. Since 1776, July 4th has been observed as the anniversary of the American independence.

The list of US stock market holidays including two market half-day holidays in 2024 are – Martin Luther King, Jr. Day, President’s Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labour Day, Thanksgiving (with early closing at 1 p.m. EST on the following day, popularly referred to as Black Friday), and Christmas Day are all stock market holidays in the United States.

The United States has certain holidays recognized as federal holidays, indicating that all non-essential federal government facilities, such as federal banks and post offices, will be shut down. For instance, Independence Day is recognized as a bank holiday by the United States Federal Reserve, suggesting that commercial banks and other financial entities are likely to be closed or functioning with limited hours.