Next week will be a shortened week for Wall Street, and some investors may be asking about which markets are closed for the July 4th holiday.
Which markets are closed on July 4th?
All financial markets in the U.S. will be closed for the holiday on Tuesday. That includes the NASDAQ, the New York Stock Exchange, the Chicago Board of Trade, and all other national financial markets. All banks will be closed on July 4th as well, along with government buildings.
In addition to being closed all of Tuesday for Independence Day, U.S. financial markets close at 1 p.m. Eastern on Monday. The New York Stock Exchange will accept Crossing Session orders starting at 1 p.m. on Monday for continuous executions until 1:30 p.m. Globex will settle futures and options for equity, agricultural, currency, weather, real estate and interest rate products at noon Eastern on Monday. Globex will settle options and futures for energy and metals products at 3 p.m. Eastern on Monday. CME Group will remain closed on Tuesday.
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Local banks and government buildings may stay open for a full day on Monday, but it’s best to check with them if you plan to visit Monday afternoon.
Trading expected to be light on Monday too
The Securities Industries and Financial Markets Associations (SIFMA) also recommended an early 2 p.m. close for the bond markets on Monday. SIFMA also recommends that the bond markets remain closed on Tuesday. Further, futures and options trading will be done on a limited basis on Monday and then by shut down on Tuesday for the holiday.
So it’s pretty easy to determine which markets are closed in the U.S. on July 4th, because it’s all of them. Outside the U.S., the rest of the world’s financial markets will operate on their usual schedules. However, volumes in the rest of the world’s markets could be lower than usual because most U.S.-based investors may not be making transactions.
Volumes could be rather light on Monday as well because many traders, analysts and investors will take the day off and enjoy a four-day weekend instead in observance of the Fourth of July. Many communities throughout the U.S. have festivities planned for Independence Day, including fireworks displays in the evening and festivals with games and rides for the days before the July 4th holiday.