US financial markets are closed on Friday, July 3, for the #IndependenceDay holiday, as July 4 falls on a Saturday this year. Equity and bond markets will reopen on Monday, July 6, after a three-day weekend.

Under the standard US market holiday calendar, when Independence Day falls on a Saturday, the holiday is observed on the preceding Friday. As a result, there will be no trading in US stocks or bonds on July 3.

However, cryptocurrency markets will continue to operate as usual, with digital assets trading round the clock despite the federal holiday.

Ahead of the long weekend, US equities ended mixed on Thursday. The Dow Jones Industrial Average climbed to a record closing high. At the same time, continued weakness in semiconductor stocks weighed on the technology-heavy Nasdaq, while the S&P 500 finished little changed.

The Dow Jones Industrial Average rose 594.83 points or 1.14 per cent to close at 52,900.07, extending its winning streak to four consecutive weeks -- its longest since October 2024.

The S&P 500 edged up 0.01 point to 7,483.24, while the Nasdaq Composite declined 207.36 points or 0.80 per cent to 25,832.67.

For the week, the Dow gained around 2 per cent, the S&P 500 advanced 1.8 per cent, and the Nasdaq added 2.1 per cent.

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