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6d ago

U.S. Observes Independence Day on Friday, July 3, Closing Equity Markets

The early observance shifts government hours and market calendars, changing mail, bank and delivery operations for the long weekend.

Cash dollars and stock market indicators (inflation, economy, crisis, finance)
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Overview

  • U.S. federal offices and both the New York Stock Exchange and Nasdaq were closed on Friday, July 3, in observance of Independence Day.
  • Fixed-income trading was curtailed ahead of the holiday with SIFMA recommending a 2 p.m. ET early close on Thursday, July 2, before markets remained closed on Friday.
  • The U.S. Postal Service kept post offices open and delivered mail on Friday, July 3, while regular Saturday service was suspended until Monday.
  • Most bank branches and many retailers stayed open on Friday with varied hours, warehouse club Costco closed on Saturday, and FedEx and UPS ran modified services on Friday while suspending many pickup and delivery operations on Saturday.
  • Cryptocurrency exchanges continued trading 24/7 through the holiday weekend, a contrast to the paused U.S. markets as the nation marked its 250th anniversary.