The New York Stock Exchange will not have operations this Monday due to the Juneteenth holiday, as the day of the emancipation of slaves in the US is known.
It is the first time that US financial markets have observed the June 19 holiday. Last year, Juneteenth was designated a federal holiday. Since June 19 fell on a Sunday this year, it will be observed on Monday.
On June 19, 1865, Union soldiers carried the news to blacks still enslaved in Galveston, Texas, that they were free. That was two months after the Confederacy surrendered in the Civil War and about two and a half years after the Emancipation Proclamation freed slaves in the Southern states.
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