The stock market will be closed on July 4, Independence Day, according to ExBulletin. This means that both the stock exchange and the bond market will not be operational on that day. Additionally, on the preceding day, July 3, the stock and bond markets will close early at 1 p.m. and 2 p.m. Eastern Time, respectively.
Despite a strong first half for equities, with falling inflation and the Federal Reserve’s interest rate reductions, there is a likelihood of increased volatility in the market, says Jeremy Folsom, an investment strategy analyst at Wells Fargo Investment Institute. Folsom recommends that investors focus on high-quality defensive products and diversify their portfolios with fixed income investments such as bonds.
On the subject of banks, they will also be closed on July 4 as it is a public holiday. This information is part of a comprehensive schedule of stock and bond market holidays for 2023.
The regular trading hours for the Nasdaq Stock Market and the New York Stock Exchange (NYSE) are from 9:30 a.m. to 4:00 p.m. Eastern Time, Monday through Friday.
Overall, it is important for investors and market participants to be aware of the closure of the stock and bond markets on July 4 and plan accordingly. The article highlights the impact of the holiday on trading activities and offers insights from an investment strategy analyst.
