logo
July 4 a holiday in US? Check whether stock market, banks, FedEx are open or not

July 4 a holiday in US? Check whether stock market, banks, FedEx are open or not

Is July 4 a federal holiday in the US?
Is the stock market closed on 4th of July?
Live Events
Are banks open on July 4?
What about UPS? Will packages be delivered?
Is FedEx open on July 4?
Is Hannaford open on July 4? Is Market Basket open? Other grocery stores?
Will Home Depot be open on Fourth of July? Lowes?
Trump to hold 'very special' patriotic event
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
On July 4, cities, towns and neighbourhoods across the United States burst into celebration, sound and colour. Beneath the festive atmosphere, lies a powerful story that began nearly 250 years ago in 1776. July 4, also known as Independence Day, marks the day the Declaration of Independence was adopted and the 13 North American colonies officially separated from Great Britain.Independence Day is listed as one of 11 federal US holidays, according to the US Office of Personnel Management. Most federal workers and private sector workers are entitled to paid holiday time off.Americans across all 50 states are prepping for the Fourth of July and, of course, the rousing celebrations that come with it. Booming fireworks, patriotic parades, and outdoor barbeques have become annual traditions, and many employees enjoy the day off of work for the federal holiday.Yes, the US stock market will be closed on July 4. The New York Stock Exchange, Nasdaq, and bond markets will close early the day before Independence Day (Thursday, July 3, 2025), ending for the day at 1 p.m., and will be closed on the Fourth of July. Those markets are typically open Monday through Friday, aside from select holidays.Branches of Bank of America, Wells Fargo, PNC, Truist, CitiBank, JPMorgan Chase and Capital One will be closed on the holiday, reports USA Today. Capital One Cafes will remain open.UPS pickup and delivery services will not be available on July 4 and UPS Store locations may be closed, according to the company's website. Check with your local store for specific hours of operation. UPS Express Critical service is available 365 days a year, according to the company' website. Visit upsexpresscritical.com for more information.According to FedEx's website, most of the company's pickup and delivery services will not be available on July 4. FedEx Office hours will also be modified, so it is best to check with your local store for their specific hours. FedEx Custom Critical, however, is available 24/7, according to the company.Most grocery stores are open on July 4. For example, Hannaford is open on the Fourth of July, according to its website, as is Market Basket, which is open on July 4 from 7 a.m. to 9 p.m., the website says.Some grocery stores may have limited hours. For example, Trader Joe will close locations at 5 p.m., according to its website, and Whole Foods will close at 6 p.m.Home Depot will be open on the Fourth of July, and is even running sales, according to their website. Similarly, Lowes will be open and running sales.President Donald Trump announced Tuesday that he will kick off his Independence Day weekend by traveling to Iowa on Thursday for "a very special event, honoring our Great Country", reports Fox News."I am thrilled to announce that I will be traveling to one of my favorite places in the World, beautiful Iowa, on Thursday, July 3rd, to kick off the very beginning of our exciting Celebration of America's 250th Anniversary!" Trump posted to Truth Social yesterday."Iowa voted for me THREE TIMES, because they love my Policies for our Wonderful Farmers and Small Businesses, and they LOVE AMERICA! This will be a very special event, honoring our Great Country, and our Brave Heroes who fought to keep us FREE," he continued, and included a link for people to RSVP. "I'll also tell you some of the GREAT things I've already done on Trade, especially as it relates to Farmers. You are going to be very happy with what I say — Should be a BIG Crowd!"The event is slated to be held at the Iowa State Fairgrounds in Des Moines and is scheduled to begin at 7:30 p.m. Central Time, according to the event's website. The 250th anniversary of American independence will be held on July 4 with Trump repeatedly touting his administration will plan a year of patriotic events celebrating the anniversary.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India well-placed to benefit from tariff-led trade shifts, says Moody's
India well-placed to benefit from tariff-led trade shifts, says Moody's

Mint

time20 minutes ago

  • Mint

India well-placed to benefit from tariff-led trade shifts, says Moody's

New Delhi: India is well-positioned to benefit from a global realignment in trade and investment flows driven by shifting tariff regimes, and could outpace several Asia-Pacific (APAC) peers, Moody's Ratings said on Thursday. As multinationals reassess supply chains amid rising protectionism and evolving trade policies, India's relative tariff advantage may strengthen its appeal as an emerging global manufacturing hub, Moody's noted in its latest Sovereigns – Asia-Pacific Outlook. 'India may be subject to lower tariffs than many in APAC, which could help the economy attract further investment flows and support its development as a global manufacturing base. The signing of a free trade agreement with the UK in May and ongoing efforts to establish the same with the EU will further support such development,' the report said. Moody's pointed out that compared to countries like Cambodia and Vietnam, India is better placed to gain meaningfully from trade diversion and shifting capital flows—thanks to its scale, policy orientation, and improved market access through bilateral agreements. The recently concluded free trade agreement with the UK was highlighted as a key enabler of India's broader trade ambitions. Parallel efforts to negotiate a pact with the European Union are also expected to boost market access and strengthen investor confidence. However, Moody's cautioned that broader trends in global industrial policy could still temper the scale of these gains. 'The US' goal to reshore select manufacturing segments could challenge the extent to which India benefits,' the report said. The commentary comes at a time when India is accelerating its push to emerge as an alternative manufacturing base to China, supported by targeted policy incentives, supply chain development, and efforts to deepen trade integration with developed economies. To be sure, US President Donald Trump's 'reciprocal tariffs' policy—announced in April—aims to impose higher duties on countries that levy steeper tariffs on American goods, triggering a wave of global trade renegotiations. Under the plan, a broad 10% baseline tariff was introduced in April, with steeper rates imposed on countries such as China and Vietnam. A temporary 90-day pause was granted to allow for negotiations. Since then, the U.S. has revised trade deals with the UK, China, and most recently Vietnam, trimming their tariff exposure as it races to finalize more agreements before the July 9 deadline. Meanwhile, Washington and New Delhi are negotiating a trade agreement aimed at avoiding the steep duties lined up under Trump's plan.

US Stock market hits record highs after blowout June jobs report: S&P 500 tops 6,227, Nasdaq soars to 20,393, Dow nears all-time high as Nvidia, Datadog, and Lucid rally
US Stock market hits record highs after blowout June jobs report: S&P 500 tops 6,227, Nasdaq soars to 20,393, Dow nears all-time high as Nvidia, Datadog, and Lucid rally

Economic Times

time27 minutes ago

  • Economic Times

US Stock market hits record highs after blowout June jobs report: S&P 500 tops 6,227, Nasdaq soars to 20,393, Dow nears all-time high as Nvidia, Datadog, and Lucid rally

US stock market today rises after surprise June jobs data; Dow, S&P 500, Nasdaq climb. Fed rate cut hopes fade. Trump slams Powell again. Trade talks, chip software curbs lifted, and Trump's tax bill shape market outlook ahead of July 4. Stock market today: Dow, S&P 500, Nasdaq jump as strong jobs data dashes July Fed rate cut hopes- US stock market today showed a strong start to July as the Dow Jones, S&P 500, and Nasdaq Composite all climbed on Thursday, fueled by a better-than-expected June jobs report. The S&P 500 rose 0.7%, the Nasdaq added 0.8%, and the Dow gained over 0.6% — building on fresh record highs reached the day before. While the upbeat jobs data showed surprising strength in the labor market, it also reduced expectations for an immediate Federal Reserve interest rate cut. S&P 500 : Gained 0.6% to close at a record 6,227.42 , driven by strength in tech and consumer sectors. : Gained 0.6% to close at a , driven by strength in tech and consumer sectors. Nasdaq Composite : Jumped 0.9% to finish at an all-time high of 20,393.13 , led by AI and semiconductor stocks. : Jumped 0.9% to finish at an , led by AI and semiconductor stocks. Dow Jones Industrial Average: Rose 0.7%, ending just shy of 44,600 points—approaching record territory. Bond yields ticked higher, with the 10-year Treasury yield climbing to around 4.33% as rate-cut bets were delayed. The U.S. dollar also strengthened in response to the upbeat data. Thursday's data from the Labor Department showed that 147,000 new jobs were added in June — much higher than economists' forecast of 106,000. In addition, the unemployment rate dipped to 4.1%, defying predictions it would rise slightly. Notably, May's job numbers were also revised upward, signaling that the labor market remains healthier than expected. This sudden burst of job creation sent a message to markets: the Federal Reserve may not cut rates as early as hoped. Investors who were betting on a July rate cut scaled back those expectations, especially as the data contradicts recent signs of labor market cooling. The US stock market today ended on a strong note ahead of the Independence Day break, with major indexes climbing following a better-than-expected June jobs report. The Dow Jones, S&P 500, and Nasdaq Composite all posted gains, extending their recent record-setting streaks. Dow Jones Industrial Average (DJI) : 44,565.75 , up 81.3 points (+0.18%) : , up S&P 500 (GSPC) : 6,246.46 , up 19.0 points (+0.31%) : , up Nasdaq Composite (IXIC): 20,497.66, up 104.5 points (+0.51%) The S&P 500 marked its fourth record close in five sessions, while the Nasdaq continued its tech-driven rally with strong gains. 10-Year Treasury Yield : Rose to around 4.34% : Rose to around 2-Year Treasury Yield: Moved up to roughly 3.88% Yields increased as investors reassessed the timeline for a Federal Reserve interest rate cut following the strong labor data. Jobs added in June : 147,000 (versus expectations of 106,000) : (versus expectations of 106,000) Unemployment rate : 4.1% : May payrolls: Revised upward This stronger-than-expected report signaled continued resilience in the labor market, leading investors to pull back bets on a July rate cut. Tech ruled the day, with AI and chip stocks in the spotlight: Nvidia (NVDA) surged again, pushing its market cap closer to the $4 trillion mark. Datadog (DDOG) spiked over 11% after news that it's joining the S&P 500 index, replacing Juniper. Synopsys (SNPS) and Cadence Design (CDNS) gained around 4% each, boosted by loosened export restrictions on advanced chips. Travel and banking stocks also showed strength: Expedia (EXPE) climbed 3.6% JPMorgan Chase (JPM) rose 1.3% EV makers gained ground: Lucid (LCID) jumped 6% Rivian (RIVN) added 2% on solid Q2 delivery numbers. Other notable movers: TripAdvisor (TRIP) soared over 16% after an activist investor disclosed a new stake. Oil stocks saw modest gains, with WTI crude trading near $67/barrel. Homebuilders and REITs lagged slightly as higher yields pressured real estate. Lifting of chip design software export restrictions to China boosted shares of top US semiconductor software companies Optimism grew around a new US-Vietnam trade agreement President Trump's proposed tax and spending bill neared a final vote, with expectations of passage by July 4 These developments helped improve outlooks on trade stability and fiscal policy, further supporting the stock market. US–Vietnam Trade Agreement : A fresh trade deal lifted sentiment for consumer and tech exporters, including names like Nike . : A fresh trade deal lifted sentiment for consumer and tech exporters, including names like . US Trade Deficit : Widened by 18.7% in May to $71.5 billion , driven by falling exports. : Widened by in May to , driven by falling exports. UK Markets: British stocks and bonds rebounded as the Labour party reaffirmed fiscal discipline ahead of elections. July 3 (Thursday) : Markets closed early at 1:00 p.m. ET : Markets closed early at July 4 (Friday): All US stock markets closed for Independence Day President Donald Trump, who has frequently criticized Fed Chair Jerome Powell, intensified his pressure campaign on Wednesday night. In a pointed social media post, Trump said Powell 'should resign immediately.' Reports also suggest that Trump might move to announce Powell's replacement soon, adding uncertainty to the Fed's outlook. While investors have long followed the Fed-President dynamic, the renewed tension is playing a growing role in rate cut expectations. Trump's comments added to speculation that a change in leadership might favor sooner rate reductions, keeping traders on high alert. Yes — and they're becoming more significant. The July 9 deadline for global trade talks has traders watching closely. President Trump's newly inked trade deal with Vietnam has been viewed as a win, easing worries about broad tariffs. Investors are now hopeful that more trade agreements might roll in before the tariff deadline, helping to stabilize international commerce. Another promising signal came from Washington's move to lift restrictions on chip design software exports to China, which marks a possible easing in US-China trade tensions. Shares of Synopsys (SNPS) and Cadence Design Systems (CDNS) — top U.S. software providers in that space — saw sharp premarket gains on the news. President Trump's ambitious tax and spending bill, a major economic move, passed a critical procedural vote in the House on Thursday. The package — which includes substantial federal tax changes and public spending boosts — is expected to go for a final vote by Friday, July 4, which is Trump's stated deadline. House Speaker Mike Johnson confirmed he has the support needed to pass the bill. If signed into law, the legislation could have a sweeping impact on multiple sectors, from energy and infrastructure to healthcare and defense — and ultimately influence stock market movement in the second half of 2025. Shortened session : U.S. markets closed early at 1 p.m. ET ahead of the July 4th holiday. : U.S. markets closed early at ahead of the July 4th holiday. What's next? Investors will be closely watching upcoming inflation reports, Fed commentary, and developments in global trade talks. Index Level Change Dow Jones 44,565.75 ▲ +81.3 (+0.18%) S&P 500 6,246.46 ▲ +19.0 (+0.31%) Nasdaq 20,497.66 ▲ +104.5 (+0.51%) With Independence Day falling on Friday, US stock markets closed early at 1 p.m. ET on Thursday, and they'll remain shut on Friday, July 4. The early close is standard practice ahead of major federal holidays and often comes with lighter trading volume. Despite the shortened session, Thursday still packed a punch with key economic data, political headlines, and trade developments driving Wall Street's strong momentum into the long weekend. The US stock market today surged as the Dow, S&P 500, and Nasdaq all posted solid gains following a stronger-than-expected June jobs report. The surprise strength in hiring dashed hopes for a July Federal Reserve rate cut, while Trump's ongoing conflict with Fed Chair Jerome Powell and fresh optimism on the trade front helped fuel investor sentiment. Markets also saw a boost from the expected passage of Trump's tax and spending bill, while tech stocks jumped after curbs on software exports to China were lifted. As Wall Street heads into the holiday break, all eyes remain on Fed policy, Trump's next move, and the global trade landscape ahead of the July 9 tariff deadline. Q1. What did the June jobs report show for the US stock market today? The June report added 147,000 jobs, boosting stocks but lowering rate cut hopes. Q2. How is Trump influencing the Federal Reserve rate decisions? Trump called for Powell to resign, raising pressure on the Fed for future rate cuts.

Chip design software firms climb as US lifts curbs on China exports
Chip design software firms climb as US lifts curbs on China exports

Time of India

time30 minutes ago

  • Time of India

Chip design software firms climb as US lifts curbs on China exports

Shares of Synopsys and Cadence Design Systems jumped in premarket trading on Thursday after the United States lifted export restrictions on chip design software to China, signaling a thaw in trade tensions between the world's top two economies. The two companies, along with Germany's Siemens , said they were resuming access to their electronic design automation (EDA) tools for Chinese customers. Synopsys and Cadence rose 6.7% and 5.9%, respectively, in U.S. trading before the bell, and Siemens gained 0.9% in Frankfurt. The three firms together control more than 70% of China's EDA market, according to an April report from state-run Xinhua News Agency. EDA software is critical for designing semiconductors used in smartphones, cars and computing devices. The U.S. Commerce Department also moved to withdraw a licensing requirement on ethane exports to China imposed earlier this year. Both measures were part of a series of tit-for-tat trade restrictions initiated by the Trump administration following China's suspension of rare earth exports in April. The White House last week said it had reached an agreement with China around expediting shipments of rare earth minerals to the U.S. "This marks a distinct warming of relations and a small ceasefire in the chips war," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. However, "there is no indication that controls imposed for national security reasons will be eased off for the likes of Nvidia and ASML," Streeter added. The Trump administration in May had placed export limits on Nvidia's H20 artificial intelligence chip in an effort to stymie Beijing's access to cutting-edge technology.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store