Getty Images
Washington's 12th and newest federal holiday – Juneteenth, or June 19 – will indeed close the stock and bond markets this year, providing investors with a long holiday.
That's despite the fact that in 2022, Juneteenth falls on a Sunday.
Juneteenth, also known as Juneteenth National Independence Day, occurs on the anniversary of Union Army Gen. Gordon Granger's June 19, 1865, proclamation that Texas was freed from slavery – years after the Emancipation Proclamation had outlawed it there and in other Southern states.
Juneteenth has been celebrated unofficially for more than two centuries. But on June 17, 2021, Congress passed legislation making it a federal holiday, and President Joe Biden signed it into law.
However, the stock and bond markets did not close in 2021, given how close to Juneteenth the law was enacted. That makes 2022 the first time the major U.S. exchanges will close in observance of Juneteenth, which they will do Monday, June 20.
Sign up for Kiplinger's FREE Closing Bell e-letter: Our daily look at the stock market's most important headlines, and what moves investors should make.
Here, we provide a schedule of stock market holidays and bond market holidays for 2022. Please note that regular trading hours for the New York Stock Exchange (NYSE) and Nasdaq Stock Market are 9:30 a.m. to 4 p.m. Eastern on weekdays. The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.
* This is the recommended bond market holiday schedule from the Securities Industry and Financial Markets Association (SIFMA). This schedule is subject to change.
When it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:
The "core trading" stock market hours for the NYSE and Nasdaq are 9:30 a.m. to 4 p.m. on weekdays. However, both exchanges offer premarket trading hours between 4 and 9:30 a.m., as well as late trading hours between 4 and 8 p.m.
Bond markets typically trade between 8 a.m. and 5 p.m.
The stock markets close at 1 p.m. on early-closure days; bond markets close early at 2 p.m.
Kiplinger is part of Future plc, an international media group and leading digital publisher. Visit our corporate site www.futureplc.com
© Future US LLC, 10th floor, 1100 13th Street NW, Washington, DC 20005. All rights reserved.
