Is the Stock Market Closed Today? Here Are the Hours for the July 4th Holiday.
After a first half of the year filled with epoch-making events, investors will get a much-needed break Friday as most U.S. markets will be closed to observe July 4th.
After March’s major selloff, stocks have recovered some of their earlier losses. The S&P 500 index and the Dow Jones Industrial Average are down 3.1% and 9.5% so far this year, respectively. The tech-heavy Nasdaq Composite index stands out, having closed at an all-time high Thursday, with a year-to-date gain of 13.8%.
That’s largely thanks to the stock market’s strong second quarter performance, which ended earlier this week. The Dow had its best quarter since 1987 with a 17.7% gain, while the S&P 500 finished up 20% in the quarter, its best performance since 1998.
Meanwhile, many states are seeing an alarming surge in coronavirus infections and halting reopening plans as a result.
The last time U.S. exchanges closed for a holiday was more than a month ago for Memorial Day. Now the 244th Independence Day falls on Saturday, making Friday, July 4, 2020, a federal holiday.
Some traders may have already been on vacation enjoying fireworks of their own. The average daily trading volume on the NYSE this week was 4.51 billion, down 18% from 5.53 billion year-to-date average until last week.
Is the Stock Market Open on July 4th 2020?
The NYSE and Nasdaq are closed today in observance of Independence Day 2020. Some futures and options exchanges on CME Globex ...
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