US Markets Observe Independence Day
US equity and bond markets are scheduled to close on Friday, July 3, 2026, in observance of the Independence Day holiday. This closure sets the stage for a three-day weekend for financial professionals, with trading expected to resume on Monday, July 6.
According to the standard US market holiday calendar, when Independence Day (July 4) falls on a Saturday, the preceding Friday is designated as the official observance day. Consequently, no trading will occur in US stocks or bonds on July 3.
Crypto Markets Remain Open
In contrast to traditional financial markets, cryptocurrency exchanges will continue to operate without interruption. Digital assets trade round the clock, ensuring continuous activity despite the federal holiday.
Mixed Performance Ahead of Long Weekend
Ahead of the extended holiday weekend, US equities ended Thursday's session with mixed results. The Dow Jones Industrial Average ascended to a new record closing high, extending its winning streak to four consecutive weeks—its longest since October 2024. However, the technology-heavy Nasdaq Composite experienced a decline, weighed down by ongoing weakness in semiconductor stocks. The S&P 500 finished largely unchanged.
For the week, the Dow gained approximately 2 percent, the S&P 500 advanced 1.8 percent, and the Nasdaq added 2.1 percent.
Recent Economic Indicators
Recent US labor market data also drew significant attention. The nonfarm payrolls report indicated that the US economy added 57,000 jobs last month, falling considerably short of economists' projections of 110,000. Meanwhile, the unemployment rate stood at 4.2 percent, broadly aligning with market expectations of 4.3 percent.