Latest news with #JuneteenthNationalIndependenceDayAct
Time of India
2 days ago
- Business
- Time of India
US to observe federal holiday on June 19. Are stock markets closed that day?
The US Federal Reserve (US Fed) considers Juneteenth a bank holiday. A holiday commemorating the end of slavery in the US has been celebrated every 19 June since President Joe Biden signed the Juneteenth National Independence Day Act in 2021. This will be the fourth year that Juneteenth is celebrated widely as a federal holiday, but the holiday itself has been celebrated for more than a century-and-a-half. ALSO READ: Morgan Stanley, Walmart, Pfizer and more: Full list of over 150 American companies laying off employees in June Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. When is Juneteenth 2025? The Juneteenth holiday is celebrated this year on Thursday, June 19, 2025. Although President Abraham Lincoln issued the Emancipation Proclamation in 1863, freeing enslaved African Americans in the Confederate states, the order couldn't be enforced in areas still under Confederate control. According to Britannica, it wasn't until the Civil War ended in April 1865 that Union troops could carry out the proclamation. On June 19, 1865, Union soldiers arrived in Galveston, Texas, to announce that the war had ended—and that all enslaved people were now free. The first Juneteenth celebrations began in Texas the following year and gradually spread across the country. Today, the holiday is observed with prayer services, public speeches, educational activities, family gatherings, and festivals featuring music, dancing, food, and cultural traditions. Live Events ALSO READ: Elon Musk's uneasy encounter: He dodged a question on Trump policies. Here's what the Tesla CEO was asked When did Juneteenth become a federal holiday? Though it has long been celebrated in Black communities, Juneteenth became a federal holiday when President Joe Biden signed a bill on June 17, 2021. The holiday's history gained more attention during the summer of 2020, after the Minneapolis police killing of George Floyd. Will US stock market remain open on Juneteenth? US stock exchanges observe a set of predetermined holidays during which they remain closed. These closures typically align with federal holidays, affecting major exchanges such as the Nasdaq and the New York Stock Exchange (NYSE). If a holiday falls on a weekend, the markets may close on the preceding Friday or the following Monday. Juneteenth, observed on June 19, is a federal holiday in the United States. In recognition of Juneteenth National Independence Day, both the NYSE and Nasdaq will be closed on June 19, as indicated on their official calendars.
Mint
3 days ago
- Business
- Mint
Is the US stock market closed this Juneteenth? All you need to know
There are some pre-fixed days when major US stock exchanges remain non-operational. These majorly include federal holidays, and the likes of Nasdaq and New York Stock Exchange (NYSE) remain closed on these days. In some cases, if a holiday lands on a weekend, the markets close on Friday before or the Monday after. Juneteenth marks June 19, 1865. That's when enslaved people in Texas finally learned they were free. Major General Gordon Granger announced it in Galveston. This happened two years after the Emancipation Proclamation. Enforcement lagged badly, especially in remote Confederate areas like Texas. For generations, Black communities celebrated this freedom day. Activists pushed tirelessly for wider recognition. They saw it as crucial American history. Growing public support led to action. In 2021, Congress passed the Juneteenth National Independence Day Act. President Biden signed it into law. Making it a federal holiday acknowledges a painful past, and it also celebrates the African-American resilience and the nation's hard-won freedom. Juneteenth falls on June 19, which is a federal holiday in the United States. According to the NYSE and Nasdaq calendars, June 19 will see the stock exchanges remaining closed due to the Juneteenth National Independence Day celebrations. Juneteenth this year falls on a Thursday, which means trading during any other day of the week will not be affected. Other than June 19, no other holidays fall in June that will see the US stock market closed. The next federal holiday is the US Independence Day, which falls on July 4, 2025. On this day again, Nasdaq and NYSE will remain closed for the day. Labor Day, September 01, 2025 Thanksgiving Day, November 27, 2025 Christmas Day, December 25, 2025
