Wall Street will pause on Monday to mark the Independence Day holiday.
There won’t be stock trading because the US stock market will be closed.
The US bond market also closed, so there is no transaction in the Treasury.
Stock futures will trade on an abbreviated schedule. They will trade until 1:00 p.m. ET.
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Energy futures will trade until 2:30 p.m. ET.
The big economic highlight of the week will be the release monthly employment report for june on friday morning.
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Stocks started the new month on Friday with gains, but not enough to cut losses for the week.
|Me: DJI||DOW JONES AVERAGES||31097.26||+321.83||+ 1.05%|
|SP500||S&P 500||3825.33||+39.95||+ 1.06%|
|Me: COMP||NASDAQ SUMMARY INDICATOR||11127.845123||+99.11||+ 0.90%|
The S&P 500 rose 1.1%. The gains broke a four-day losing streak for the benchmark index, still having its fourth weekly loss in the past year.
The Dow Jones Industrial Average was up 1%, while the tech-heavy Nasdaq was up 0.9%.
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The S&P 500 ended its worst quarter since the pandemic broke out in early 2020. Its performance in first half of 2022 was the worst since the first six months of 1970.
The Associated Press contributed to this report.