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Investors are likely getting out their hamburger buns—and putting away their stock trading apps—on Monday for Independence Day.
This year, the Fourth of July falls during the first full week of the third quarter. Stocks had a brutal second quarter, which saw the
closing the April-June period down 16.5%. Amid fears of rising inflation, supply-chain shortages, and a possible recession, the broad market index has dived about 20% so far this year.
Meanwhile, the tech-heavy
has tumbled about 29% in 2022, and the blue-chip
Industrial Average has dropped slightly more than 14%.
This is what you need to know if you’re thinking about trading.
Is the Stock Market Closed for the Fourth of July?
The New York Stock Exchange and the Nasdaq will be closed on Monday in observance of Independence Day. Regular trading, which takes place on weekdays from 9:30 a.m. to 4 p.m., will resume on Tuesday, July 5.
Bond markets and over-the-counter markets will also be shut Monday, before reopening at 9:30 a.m. on Tuesday.
Are International Markets Open Today?
Since the Fourth of July is only a federal holiday in the U.S., the London Stock Exchange, the Shanghai Stock Exchange, the Tokyo Stock Exchange, the Toronto Stock Exchange, and the Hong Kong Stock Exchange will be open regular hours.
What Else Should I Know About the Fourth of July in the U.S.?
The holiday celebrates the signing of the Declaration of Independence on July 4, 1776, during the Revolutionary War.