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.
2022 Market HolidaysDateHolidayNYSENasdaqBond Markets*Monday, Jan. 17Martin Luther King Jr. DayClosedClosedClosedMonday, Feb. 21Presidents’ Day/Washington’s BirthdayClosedClosedClosedThursday, April 14Maundy ThursdayOpenOpenEarly close
(2 p.m.)Friday, April 15Good FridayClosedClosedClosedFriday, May 27Friday Before Memorial DayOpenOpenEarly close
(2 p.m.)Monday, May 30Memorial DayClosedClosedClosedMonday, June 20Juneteenth National Independence Day (Observed)ClosedClosedClosedFriday, July 1Friday Before Independence DayOpenOpenEarly close
(2 p.m.)Monday, July 4Independence DayClosedClosedClosedMonday, Sept. 5Labor DayClosedClosedClosedMonday, Oct. 10Columbus DayOpenOpenClosedFriday, Nov. 11Veterans DayOpenOpenClosedThursday, Nov. 24Thanksgiving DayClosedClosedClosedFriday, Nov. 25Day After ThanksgivingEarly close
(1 p.m.)Early close
(1 p.m.)Early close
(2 p.m.)Friday, Dec. 23Christmas Eve (Observed)OpenOpenEarly close
(2 p.m.)Monday, Dec. 26Christmas Day (Observed)ClosedClosedClosedFriday, Dec. 30New Year’s Eve (Observed)OpenOpenEarly close
(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.
Market Holiday ObservancesWhen it comes to the stock and bond markets alike, if a holiday falls on a weekend, market closures are dictated by two rules:
If the holiday falls on a Saturday, the market will close on the preceding Friday.If the holiday falls on a Sunday, the market will close on the subsequent Monday.Stock and Bond Market HoursThe “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.