AWAKE or ASLEEP: NASDAQ Stock Market?

By Staff Reporters

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Markets were closed for Juneteenth yesterday, but the NASDAQ is coming into the short trading week hot: The tech-heavy index had its eighth consecutive week of gains last week, the best it’s done since March 2019.

But, Investors are divided over whether the rally driven by mega-stocks like Nvidia, Apple, and Tesla is a bubble poised to pop or the start to an AI revolution that not even Jerome Powell can dissuade.

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DAILY UPDATE: Juneteenth 2023 and the Markets

FREEDOM DAY

By Staff Reporters

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  • The U.S. bond market, and both the NASDAQ and New York Stock Exchange (NYSE) are closed on June 19th in observance of Juneteenth.
  • Juneteenth became a federal and public U.S. holiday in 2021, when it was officially recognized by President Joe Biden.

Juneteenth is a banking holiday observed by the Federal Reserve. That means most major banks like Bank of America (BAC), Chase and Wells Fargo (CBEAX) will be closed. TD Bank, which remained open last Juneteenth, will also be closed today.

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ORDER: https://www.routledge.com/Risk-Management-Liability-Insurance-and-Asset-Protection-Strategies-for/Marcinko-Hetico/p/book/9781498725989

ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

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