US financial markets closed Monday for Juneteenth

US financial markets closed Monday for Juneteenth

U.S. financial markets will observe the Juneteenth holiday for the first time Monday

PHOTO: American flags fly outside the New York Stock Exchange in New York on June 16, 2022.

American flags fly outside the New York Stock Exchange in New York on June 16, 2022.

Yuki Iwamura/AFP via Getty Images, FILE

NEW YORK — U.S. financial markets will observe the Juneteenth holiday for the first time Monday.

Last Year, Juneteenth was made a federal holiday to commemorate the end of slavery in America. Since June 19 falls on a Sunday this year, it will be observed on Monday.

On June 19, 1865, Union soldiers brought news to Black people who were still enslaved in Galveston, Texas that they were free. This was two months after Confederacy surrendered to the Civil War, and approximately 2 1/2 years after Emancipation Proclamation liberated slaves in Southern States.

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