Current:Home > MarketsWhat's closed and what's open on Juneteenth 2023 -VisionFunds
What's closed and what's open on Juneteenth 2023
Indexbit View
Date:2025-04-10 07:16:57
Monday, June 19, marks the third time Juneteenth is observed nationwide as a federal holiday.
A commemoration of the end of slavery in the United States, Juneteenth is also called Freedom Day or Emancipation Day, and its roots date back more than 150 years. The origins of Juneteenth stem from an important date after the Civil War — June 19, 1865 — when the Union General Maj. Gen. Gordon Granger arrived in Galveston, Texas, to inform the country's last enslaved people that they had been freed under the Emancipation Proclamation. Even though the proclamation had passed years before, that day in 1865 is remembered as the effective conclusion to centuries of slavery in America.
As the Black Lives Matter movement gained renewed momentum in 2020, so did public interest in the significance of Juneteenth and calls for its recognition on a national scale. The following summer, President Joe Biden signed legislation that officially declared Juneteenth a federal holiday, which falls annually on the 19th of June.
With the law's passage, Juneteenth became the 12th federal holiday formally recognized by the U.S. government. And, while people across the country attend parades and festivals to celebrate Juneteenth over the long weekend, a number of government agencies, including some state governments, are closed in observance.
Banks
All non-essential federal offices will be closed on Monday, as they typically are during other federal holidays, meaning federal courts and banks will not operate as usual. State governments and related non-essential offices in places like New York, where Juneteenth is recognized as a state holiday in addition to a federal one, will close as well. Although most ATMs should remain open for normal use, the largest banks, like JP Morgan, Wells Fargo and Bank of America will not because they follow the yearly calendar set by the Federal Reserve Bank, and that complies with the national holiday schedule.
Wall Street
Neither will the stock market, which remained open during the inaugural Juneteenth federal holiday in 2021. Wall Street acknowledges the holiday this year, with NASDAQ confirming last month that the stock market will be closed to observe Juneteenth on Monday, like it was in 2022. The New York Stock Exchange will not be open for regular trading, either.
Mail and postal services
Some postal services pause operations on Monday to observe Juneteenth, but not all. The U.S. Postal Service is closed Monday, so mail sent through the carrier will not be delivered before Tuesday at the earliest, but UPS will continue to operate as usual, despite acknowledging Juneteenth on its latest annual holiday calendar. FedEx will also continue services during regular hours on Monday.
Schools
Public, and many private, schools across the country are closed Monday for the holiday, with the U.S. Department of Education confirming in an announcement earlier this month that all federal offices, most Federal Student Aid processors and contact centers would be closed. Because around half of U.S. states still do not recognize Juneteenth as a state holiday, according to Pew Research Center, school and government office closures can vary locally. In New Jersey, which passed a law declaring Juneteenth a state holiday before the federal law passed in 2021, observes Juneteenth on the third Friday of June, rather than June 19 annually. Because of this, schools, state courts and other government offices are closed there on Friday instead of Monday.
Private businesses
Many employees within the private-sector are also given Monday off from work to observe Juneteenth. Private-owned restaurants and retail venues can decide whether to remain open or not, and, although large brands like Starbucks, Nike and Target announced in previous years their decisions to recognize Juneteenth as an official company holiday, for the most part, their individual stores continue to operate during regular business hours. Whether or not large retail and grocery stores, many of which also recognize the Juneteenth holiday, remain open for business Monday varies by company.
The electronics retailer BestBuy, for example, acknowledges Juneteenth as a company holiday, and offers some employees paid time off while keeping its stores open. Costco warehouses, which only close to observe seven national holidays annually, are also open on Juneteenth, according to the wholesaler's website.
Target has recognized Juneteenth as a company holiday since 2020, saying in a statement that employees can decide to "observe the day however they prefer, through education, service or celebration," but its stores do not close in observance. The grocery chain Trader Joe's, which has indicated it will close stores early on July 4 to allow staff to prepare for celebrations, are operating on a normal schedule Monday as well. Walmart stores are open until 11 p.m.
The outdoor gear company REI is open on Juneteenth, according to its website, although Patagonia's U.S.-based stores are closed, the retailer said in an Instagram post.
View this post on InstagramA post shared by Patagonia NYC (@patagonianyc)
- In:
- Juneteenth
- Nasdaq
- USPS
- Education
veryGood! (4242)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Author Cait Corrain loses book deal after creating fake profiles for bad reviews on Goodreads
- Ricardo Drue, soca music star, dies at 38: 'This is devastating'
- Draymond Green likely facing another suspension after striking Suns' Jusuf Nurkic
- Bodycam footage shows high
- Oprah Winfrey Defends Drew Barrymore From Criticism Over Interview Behavior
- Woman suing over Kentucky abortion ban learns her embryo no longer has cardiac activity
- Andre Braugher was a pioneer in playing smart, driven, flawed Black characters
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Will we ever learn who won the $1.76 billion Powerball jackpot in California? Here's what we know
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Hackers had access to patient information for months in New York hospital cyberattack, officials say
- Tennessee audit says state prisons mishandled sexual assault cases. Here's why the problem could worsen
- Washington state college student dies and two others are sickened in apparent carbon monoxide leak
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Canadian man with criminal record killed at a gym in Mexican resort of Cancun
- Travis Kelce Gives Girlfriend Taylor Swift a Shoutout Over Top-Selling Jersey Sales
- Stranger charged with break-in, murder in slaying of Detroit synagogue leader
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Florida school board approves resolution calling for Bridget Ziegler to resign over Republican sex scandal
NFL to play first regular-season game in Brazil in 2024 as league expands international slate
US nuclear regulators to issue construction permit for a reactor that uses molten salt
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
MLB hot stove: Yoshinobu Yamamoto, Cody Bellinger among the top remaining players
The New York courthouse where Trump is on trial is evacuated briefly as firefighters arrive
Travis Kelce Gives Girlfriend Taylor Swift a Shoutout Over Top-Selling Jersey Sales