US Independence Day on July 4: Impact on Stock Market, Banks, and Other Sectors

As Americans gear up to celebrate Independence Day on July 4, many are also planning last-minute errands and shopping. This year, Florida Governor Ron DeSantis has announced that state offices will close on July 3, giving state employees a four-day weekend. With various businesses and services adjusting their hours for the holiday, here’s a comprehensive guide to what will be open and closed on this festive occasion.

US Stock Market Closure

In observance of Independence Day, the US stock markets will be closed on Friday, July 4. Both the Nasdaq and the New York Stock Exchange will have early closures on Thursday, July 3, with trading ending at 1 PM. The US bond market will close slightly later at 2 PM. This closure is standard practice for the holiday, allowing investors and traders to enjoy the long weekend.

Banks and ATMs Availability

On July 4, all major banks, including Bank of America, Wells Fargo, PNC, Truist, Citibank, JPMorgan Chase, and Capital One, will be closed in observance of the holiday. However, Capital One Cafes will remain open for customers. While online banking services will still be accessible, it is important to note that transactions will not process on the holiday. ATMs will continue to function, allowing for cash deposits and withdrawals. Customers expecting paychecks are advised to check with their employers regarding processing schedules to avoid any inconvenience.

Mail and Delivery Services

The United States Postal Service (USPS) will not deliver regular mail on July 4, and all post offices will be closed. Only Priority Mail Express services will operate on this day. Additionally, UPS and FedEx will suspend their pickup and delivery services. Some UPS Store locations may also be closed, while FedEx Office hours will be modified. Customers needing to send or receive packages should plan accordingly to avoid delays.

Retail and Grocery Store Operations

Most major retailers and grocery chains will remain open on July 4, although many will operate with adjusted hours. Stores like Walmart, Target, and Best Buy are expected to maintain their regular schedules. However, Trader Joe’s and Whole Foods will close earlier than usual, typically by the evening. Costco will be closed for the holiday, while Sam’s Club will operate with modified hours, allowing members to shop from 8 AM to 6 PM. Other retailers, including CVS, Kroger, Albertsons, and Dollar General, will also be open, but customers are encouraged to check local store hours before heading out. Pharmacies like CVS and Walgreens will remain open, though some locations may have reduced hours, and most pharmacies will be closed except for select 24-hour locations.

Observer Voice is the one stop site for National, International news, Sports, Editor’s Choice, Art/culture contents, Quotes and much more. We also cover historical contents. Historical contents includes World History, Indian History, and what happened today. The website also covers Entertainment across the India and World.

Follow Us on Twitter, Instagram, Facebook, & LinkedIn