United States stock markets will close early on Wednesday, July 3 and will remain closed on Thursday, July 4 in observance on the Independence Day holiday.
The Nasdaq and New York Stock Exchange will close at 1 p.m. ET on Wednesday and reopen on Friday, July 5. The U.S. bond market will also be closing early Wednesday, with the market scheduled to close at 2 p.m. ET, according to the Securities Industry and Financial Markets Association.
The origins of the Fourth of July date back to when Philadelphians marked the first anniversary of American independence with a "spontaneous celebration," which is described in a letter by John Adams to his daughter, Abigail, according to the Library of Congress. However, the annual observation of the holiday only became a regular occurrence after the War of 1812, where events such as groundbreaking ceremonies for the Erie Canal and the Baltimore and Ohio Railroad were scheduled to coincide with Fourth of July festivities. Congress passed a law making Independence Day a federal holiday on June 28, 1870.
After closing for the Fourth of July, it will be business as usual on Wall Street until early September. The next scheduled stock market closure is on Monday, Sept. 2, in observance of Labor Day.
Avoid 4th of July traffic:Expect a record-breaking number of travelers on Fourth of July week
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].
2025-01-13 17:081207 view
2025-01-13 15:562729 view
2025-01-13 15:48501 view
2025-01-13 15:372587 view
2025-01-13 14:52389 view
2025-01-13 14:3794 view
Now that our Spotifys have been unwrapped, the 2024 Billboard Music Awards have uncloaked our collec
Olivia Culpo's bridal shower was a total touchdown.Need proof? Luckily, the Culpo Sisters star share
Bruce Springsteen and the E Street Band have postponed four European shows as Springsteen deals with