U .S. proprietary trading outfit Jane Street has been accused by the Indian Securities and Exchange Board of index manipulation on its exchanges and walloped with a financial penalty of around $570 million, based on its “illegal gains” as the board judged them.

India’s stock market regulator has banned Jane Street from dealing securities in the country, accusing the New York-based trading firm of a “sinister scheme” to manipulate derivatives markets. The Securities and Exchange Board of India said its decision to limit Jane Street’s access to India’s securities markets stemmed from a months-long investigation.

Here's what you need to know about the stock market and whether it is open or closed on the Fourth of July this year.

No. United States stock markets are closed on Friday, July 4, 2025. According to the New York Stock Exchange and Nasdaq websites, their markets also close early (at 1 p.m.) on Thursday, July 3. The Federal Reserve considers the Fourth of July a bank holiday, meaning most banks will be closed.

The S&P 500 ( ^GSPC 0.83%) crashed when President Trump announced "Liberation Day" tariffs in early April, but the benchmark index has since staged a historic comeback. It advanced 6.2% in May to clinch its best performance during the month since 1990, and it climbed another 4.6% in June. Can the S&P 500 carry that momentum into July?

US stocks close higher after strong jobs data. S&P 500 and Nasdaq reach records. Mega tax bill is likely to pass. Trump tariff deadline is next week.

Stocks, bond yields and the dollar gained on Thursday after a strong jobs report soothed nerves about how the economy is faring during the early stages of President Donald Trump’s tariff campaign.

Dow, S&P 500 and Nasdaq point to slight gains as investors await payrolls data, Trump's tax and spending bill faces vote Follow all the latest U.S. market acti