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Tansy_Gold

(18,054 posts)
Sun Jun 18, 2023, 10:53 AM Jun 2023

STOCK MARKET WATCH -- Monday, 19 June 2023

Juneteenth is a federal holiday.

https://www.cbsnews.com/news/juneteenth-2023-whats-closed-whats-open-federal-holiday/

June 17, 2023 / 7:00 AM / CBS News

All non-essential federal offices will be closed on Monday, as they typically are during other federal holidays, meaning federal courts and banks will not operate as usual. State governments and related non-essential offices in places like New York, where Juneteenth is recognized as a state holiday in addition to a federal one, will close as well. Although most ATMs should remain open for normal use, the largest banks, like JP Morgan, Wells Fargo and Bank of America will not because they follow the yearly calendar set by the Federal Reserve Bank, and that complies with the national holiday schedule.

Neither will the stock market, which remained open during the inaugural Juneteenth federal holiday in 2021. Wall Street acknowledges the holiday this year, with NASDAQ confirming last month that the stock market will be closed to observe Juneteenth on Monday, like it was in 2022. The New York Stock Exchange will not be open for regular trading, either.

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