U.S. stocks were closed on the 19th (local time) for Juneteenth, the holiday marking the emancipation of enslaved people.
The New York Stock Exchange (NYSE) and Nasdaq halted stock and options trading for the day, and the U.S. bond market also closed. The markets are scheduled to resume regular trading on the 22nd, after the weekend.
Juneteenth is a day in the United States that commemorates the abolition of slavery, designated a federal holiday in 2021 by then-President Joe Biden. Since then, major U.S. financial markets, including the New York Stock Exchange and Nasdaq, have closed every year on this day.
On the 18th, the previous trading day, U.S. stocks closed higher across the board. The Standard & Poor's (S&P) 500 index rose 1.1% from the prior session to 7,500.58, and the Nasdaq composite index climbed 1.9% to 26,517.93. The Dow Jones industrial average also added 0.1% to 51,564.70.