Is The Market Open On July Fourth? Everything You Need To Know
Portfolio Pulse from Piero Cingari
The U.S. stock markets, including NYSE and NASDAQ, will be closed on July 4, 2024, for Independence Day, with early closure on July 3. Bond markets will follow a similar schedule. International markets will remain open. The UK will hold parliamentary elections on July 4, but the FTSE 100 will operate normally. U.S.-based ETFs tracking UK stocks, like EWU, will not trade. Normal trading resumes on July 5, with attention on the U.S. jobs report. Analysts predict a deceleration in employment and salary growth for June.
July 05, 2024 | 2:59 pm
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NEUTRAL IMPACT
The iShares MSCI United Kingdom ETF (EWU) will not trade on July 4, 2024, due to the U.S. market closure for Independence Day.
EWU will not be trading on July 4 due to the U.S. market closure. This is a direct impact of the holiday schedule.
CONFIDENCE 100
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
The Invesco QQQ Trust (QQQ) may experience fluctuations on July 5, 2024, with the release of the U.S. jobs report for June.
QQQ is likely to be affected by the U.S. jobs report, as tech stocks are sensitive to economic data and market trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust (SPY) may see movement on July 5, 2024, following the release of the U.S. jobs report for June.
SPY could be influenced by the U.S. jobs report, as employment data often impacts market sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
The iShares 20+ Year Treasury Bond ETF (TLT) may see volatility on July 5, 2024, as the U.S. jobs report for June is released.
TLT is likely to be impacted by the U.S. jobs report, which historically affects Treasury yields. A deceleration in job growth could influence bond prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70