The New York Stock Exchange (NYSE) was closed on Wednesday in recognition of Juneteenth National Independence Day, a federal holiday that commemorates the effective end of slavery in the United States.
Juneteenth, observed annually on June 19, marks the day in 1865 when Union soldiers arrived in Galveston, Texas, and informed enslaved African Americans that they were free—over two years after President Abraham Lincoln signed the Emancipation Proclamation. The holiday has long been celebrated in African American communities and was officially designated a federal holiday in 2021.
In line with other federal holidays, financial markets, including the NYSE and Nasdaq, shut operations for the day. Government offices, along with many banks and businesses, also observed the holiday.
The closure reflects a broader national recognition and observance of Juneteenth, aimed at acknowledging and reflecting on the nation’s history of slavery and the ongoing struggle for racial equality.
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