June 20, 2022 12:00 am ET
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June 19, or Juneteenth, marks the end of slavery in the U.S. The U.S. designated the day a federal holiday in 2021. Photo by PATRICK T. FALLON/AFP via Getty Images
The Juneteenth holiday weekend may come as a bit of respite for investors.
Last week, they had to navigate increasingly turbulent markets: The S&P 500 officially entered a bear market on Monday, the Federal Reserve announced a 0.75 percent interest rate hike on Wednesday, and the Dow Jones Industrial Average finished below 30,000 points on Thursday. For the week, the Dow and the Nasdaq Composite each slipped 4.8%, while the S&P 500 fell 5.8%.